VWR Acquires AGB Scientific
By Labmedica staff writers
Posted on 21 Apr 2005
In a transaction designed to improve international sales, VWR International (West Chester, PA, USA) has acquired AGB Scientific Ltd. (Dublin, Ireland). Financial terms were not disclosed.Posted on 21 Apr 2005
AGB Scientific, with more than 100 employees, is Ireland's largest supplier of laboratory instrumentation, equipment, consumables, and expertise, representing many of the world's major equipment manufacturers. The company provides Ireland's scientists with a high level of technical support for the analytical instrumentation and laboratory equipment that constitute the backbone of Irish scientific manufacturing. AGB Scientific had sales of more than U.S.$39 million in 2004.
VWR, a global leader in the distribution of scientific supplies, has annual sales of around $3 billion. The business is highly diversified across a spectrum of products and services, customer groups, and geography. The company sells to customers in Europe and North America and has affiliates in 18 countries.
"This acquisition represents an outstanding opportunity for VWR to enhance its ability to serve customers in Ireland and elsewhere,” said Walter W. Zywottek, president and CEO of VWR. "AGB is an exceptional sales organization with a long history and a solid presence in the marketplace that will support our goals of premier service, product quality, and customer satisfaction.”
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AGB Scientific Ltd.