Deal expands Avantor’s laboratory offering and manufacturing footprint in Eastern Europe
Avantor Performance Materials (formerly Mallinckrodt Baker) has completed its acquisition of Polish laboratory and pharmaceutical chemicals manufacturer POCH from international investment company Kulczyk Holding. Terms of the deal were not disclosed.
POCH manufactures products designed for use in classic and instrumental analysis, filtration and microbiology and sells laboratory equipment and laboratory glass. In addition, the company manufactures solvents for liquid and gas chromatography and spectroscopy as well as anhydrous solvents.
The acquisition complements Avantor’s strategy of growing into new markets and geographies, both organically and through acquisition. ‘POCH is a perfect fit for Avantor because it strengthens our capabilities in Eastern Europe with its expansive manufacturing presence and distribution facility already in place,’ said Avantor president and chief executive officer Jean-Marc Gilson.