The Firm is representing Avantor Inc. in its announced acquisition of VWR Corporation (NASDAQ: VWR) for approximately $6.4 billion in cash. The transaction is subject to regulatory approvals and customary closing conditions.
Avantor is a global supplier of ultra-high-purity materials for the life sciences and advanced technology markets. Avantor’s controlling shareholder is New Mountain Capital and they will continue as the lead shareholder of the combined company.
VWR is a major global independent provider of product, supply chain and service solutions to laboratory and production customers.
The Simpson Thacher team working on the transaction includes Elizabeth Cooper, Alan Klein, Ben Schaye, Matt Gabbard, Johanna Mayer, Rob Kelley and Jake Phillips (M&A); James Cross and Adam Moss (Banking and Credit); Joe Kaufman, Ryan Bekkerus and Jessica Asrat (Capital Markets); John Creed and Sophie Staples (Tax); Peter Guryan, David Vann, Ellen Frye, Daniel Owsley and John Skinner (Competition); Larry Moss, Jamin Koslowe and Michael Cook (Executive Compensation and Employee Benefits); Adeeb Fadil and Louise Kruger (Environmental); Genevieve Dorment (Intellectual Property); and Krista McManus (Real Estate).