M&A Deal Summary

DWK Life Sciences Acquires Kimble Chase Life Science and Research Products

On September 12, 2016, DWK Life Sciences acquired medical products company Kimble Chase Life Science and Research Products from Gerresheimer and Chase Scientific Glass for 131M USD

Acquisition Highlights
  • This is DWK Life Sciences’ 1st transaction in the Medical Products sector.
  • This is DWK Life Sciences’ largest (disclosed) transaction.
  • This is DWK Life Sciences’ 2nd transaction in the United States.
  • This is DWK Life Sciences’ 1st transaction in Tennessee.

M&A Deal Summary

Date 2016-09-12
Target Kimble Chase Life Science and Research Products
Sector Medical Products
Buyer(s) DWK Life Sciences
Sellers(s) Gerresheimer
Chase Scientific Glass
Deal Type Divestiture
Deal Value 131M USD

Target

Kimble Chase Life Science and Research Products

Rockwood, Tennessee, United States
website
Kimble Chase Life Science and Research Products LLC is a producer of laboratory and scientific glassware. The product portfolio includes reusable laboratory glassware for research, development and analytics, such as beakers, Erlenmeyer flasks and measuring cylinders as well as disposable laboratory products such as culture tubes, pipettes, chromatography vials and other specialty laboratory glassware.

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Buyer(S) 1

Buyer

DWK Life Sciences

Mainz, Germany

website


Category Company
Founded 1887
Sector Manufacturing
Employees640
Revenue 75M EUR (2014)
DESCRIPTION

DWK Life Sciences is one of the manufacturers of borosilicate glass, a particularly chemical- and temperature-resistant special-purpose glass that is primarily used for laboratory glass and in chemical engineering and households. DWK Life Sciences was founded in 1887 and is based in Mainz, Germany.


DEAL STATS #
Overall 2 of 4
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 2 of 3
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-15 Wheaton Industries

Millville, New Jersey, United States

Wheaton Industries, Inc. is a marketer, manufacturer and re-packager of containers, laboratory ware, instrumentation and associated products and services sold principally to customers in the general laboratory, life sciences, and diagnostics and reagent / chemicals packaging markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-05 Müller + Müller-Joh. + KG

Holzminden, Germany

Müller + Müller-Joh. GmbH + Co. KG is a manufacturer of primary packaging materials made of tubular glass for the pharmaceutical industry. MVM Pack-Holding is based in Holzminden, Germany.

Buy -

Seller(S) 2

SELLER

Gerresheimer

Dusseldorf, Germany

website


Category Company
Founded 1864
Sector Packaging
Employees10,032
Revenue 1.8B EUR (2022)
DESCRIPTION

Gerresheimer is an international packaging and systems solutions specialist, particularly in the pharmaceutical and cosmetic industries. Gerresheimer was founded in 1864 and is based in Dusseldorf, Germany.


DEAL STATS #
Overall 2 of 2
Sector (Medical Products) 1 of 1
Type (Divestiture) 2 of 2
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-28 Centor US Holding

La Verpilliere, France

Centor US Holding, Inc. is a manufacturer of plastic vials and closures for oral drugs in the prescription retail market.

Buy $725M
SELLER

Chase Scientific Glass

Rockwood, Tennessee, United States

website


Category Company
Founded 1934
Sector Packaging
DESCRIPTION

Chase Scientific Glass, Inc. is a manufacturer of packaging products such as tubes and pipettes.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-01 Kimble Chase Life Science and Research Products

Rockwood, Tennessee, United States

Kimble Chase Life Science and Research Products LLC is a producer of laboratory and scientific glassware. The product portfolio includes reusable laboratory glassware for research, development and analytics, such as beakers, Erlenmeyer flasks and measuring cylinders as well as disposable laboratory products such as culture tubes, pipettes, chromatography vials and other specialty laboratory glassware.

Buy -