financialexpressApril 24, 2017
Tag: acquisition , Biopharma
Avantor Performance Materials announced the acquisition of Puritan Products, a supplier of cGMP buffers and solutions for biopharma customers, and high-purity chemistries for research and electronic materials customers.
Speaking on the occasion Michael Stubblefield, CEO of Avantor highlighted,"The addition of Puritan is a key next step in our growth plans, as it provides access to new customers in the US and Europe, a broader portfolio of high-purity products for the Biopharma, Research and Electronic Materials industries, and access to additional capabilities, including new cGMP operations and talented new colleagues. The addition of Puritan’s operations, equipment and sourcing of raw materials offer our customers an additional layer of supply chain security, a key element of the Avantor value proposition."
Avantor will begin the process of integrating Puritan into the company immediately. Customers will have access to the JT Baker, Macron Fine Chemicals and Puritan brands of high-purity products, as well as Avantor’s other portfolio of brands, including NuSil brand high-purity biomaterials and silicone.
"The Puritan business complements Avantor’s platform very well, particularly the focus on quality manufacturing and regulatory compliance – two areas that are critical in the life science industry," continued Stubblefield.
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