The Global Mid-Market Specialist
Frankfurt– Alantra acted as M&A advisor to Duran Group (majority owned by One Equity Partners), a leading global manufacturer of borosilicate glass and container solutions in the acquisition of US based Kimble Chase Life Science & Research Products, LLC (“Kimble Chase”) from Gerresheimer AG (51%) and Chase Scientific Glass, Inc (49%) for a total transaction enterprise value of US$131mn. The transaction is subject to customary closing conditions and allows OEP to build on a successful track record in the life science and research sector.
Kimble Chase is a leading global manufacturer and distributor of laboratory and scientific glassware for the pharmaceutical, environmental, petrochemical, life sciences, education and chromatography segments. With approximately 760 employees in operating facilities spread across three continents, the company offers a comprehensive and broad range of reusable, disposable and specialty products. Through this acquisition, Duran Group will increase its global presence and allow it to provide greater services and customer offerings in the United States.
With Kimble Chase, OEP and its portfolio companies, will have global coverage and offer customers an integrated and complementary product portfolio. The transaction significantly strengthens the OEP portfolio in the attractive life science and research markets
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