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When a public‐company CEO lands in the local paper as a ‘power player,’ the only thing about to rise is the ding of the exit elevator?
$AVTR has appointed new President and CEO, effective August 18, replacing an underperforming CEO who stepped down
#privateequity #news #Philadelphia #philly #healthcare #health #chemicals #distributor #biotech #lifescience #Avantor
https://x.com/mohossain/status/1947354581064728773?s=46
QUOTE OF THE DAY Monday, December 19, 2022
"Carboys are rigid containers primarily used for transporting liquids, often water or chemicals. In laboratories, the containers are usually made of plastic, though some are still made of ferric glass or other shatter-resistant glasses. With a high chemical resistance and opaque exteriors to block ultraviolet light, the carboys store large quantities of liquids, such as solvents and deionized water, that will remain unaltered. Polypropylene carboys are autoclavable for easy sterilization." - Avantor
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Quote choice inspired by Oxford English Dictionary's Word of the Day: carboy.
Interested in these containers? Snag them real quick by clicking here!
Image made with the Quotes Creator App. See the original post on Instagram! Watch MonriaTitans on Twitch and YouTube!
Move over Uber and Lyft; 3 promising stocks start trading today
Move over Uber and Lyft; 3 promising stocks start trading today
We are almost halfway into the year and the IPO market is slowly catching up. Though some of the big IPOs didn’t inspire the kind of response that was expected, some smaller firms managed to price their stocks at the top end of their price range. Here is a quick look at three promising companies that are set to hit the stock market today.
Cloud, coffee and chemicals.
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Avantor completes acquisition of VWR for $6.5 billion
Avantor Inc has successfully completed its acquisition of VWR Corporation (VWR), the leading global independent provider of product, supply chain, and service solutions to laboratory and production customers.
VWR will operate as a wholly-owned subsidiary of Avantor. Michael Stubblefield, CEO of Avantor, will lead the combined company.
The acquisition reflects an enterprise value of approximately $6.5 billion for VWR, with stockholders receiving $33.25 per share in cash. As a result of the closing of the transaction, VWR common stock will cease trading on the Nasdaq Stock Market, the company said.
New Mountain Capital will be the lead shareholder of the combined company. As part of the transaction, the Goldman Sachs Merchant Banking Division is leading an equity investment in the company.
Avantor will be the corporate name of the new company, and the VWR name will remain in place as one of the company's selling channels, ensuring a seamless transition for customers and offering the ability to continue ordering from vwr.com. Avantor will maintain a strong presence in both the Lehigh Valley and Radnor, Pennsylvania regions.
"The completion of this acquisition marks the beginning of an exciting new chapter for our combined organization. The new Avantor is a leading global provider of discovery-to-delivery solutions that offer more value to customers along with an additional layer of supply chain security," said Stubblefield.
Read more: Avantor completes acquisition of VWR for $6.5 billion
Avantor Acquires Lab Equipment Supplier VWR
#Avantor acquires Lab Equipment & Chemicals Supplier #VWR for $ 6.4 Billion - Business Standard
Avantor, a global supplier of ultra-high-purity materials for the life sciences and advanced technology industries, has acquired VWR, the provider of product, supply chain, and service solutions to laboratory and production customers, for approximately $6.4 billion. Avantor’s acquisition of VWR will create a major consumables-focused solutions and services provider to the high-growth life…
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DUROS A PESETAS....(EN LOS REACTIVOS)
DUROS A PESETAS….(EN LOS REACTIVOS)
Hace poco me decía un distribuidor andaluz “…Dónde hemos llegado, a lo imposible. Se venden los Disolventes de HPLC a mejor precio que la calidad PA (Para Análisis)…” …y continuaba…“Los grandes del sector, con ese ansia por ganar cuota y más cuota de mercado, han destrozado el único pequeño oasis donde hacíamos dinero….”Y es verdad. Hace pocos años yo mismo tuve que hacer promociones de…
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