VWR International has acquired the remaining approximately 76% interest in KMF Laborchemie Handels (KMF), a German-based scientific laboratory supply distributor, that it did not already own
KMF has 70 employees, all based in Germany, with annual revenues of approximately US$45million.
Manuel Brocke-Benz, senior vice president and managing director of VWR's European operations, said: "We are very pleased that VWR now has a 100 percent stake in KMF, a key European distributor for the company.
"The very customer-centric approach of KMF - together with the strength of VWR's logistics network and service capabilities in Germany and across Europe - will enhance our value proposition to our combined customer base.
"Our suppliers will also clearly benefit from having an even stronger partner in one of the major European markets.
"We look forward to integrating the KMF team to support our growth plans in 2007 and beyond".
KMF Laborchemie Handels offers a highly diversified product range of chemicals and consumables to the laboratory industry in Germany with an emphasis on chromatography, microbiology and life science products.
The company's customers include research institutes, universities, public control laboratories, pharmaceutical and other industries.
In addition to its central warehouse in Sankt Augustin, Germany, KMF has branch offices in Lohmar and Leipzig.
The company's mission is to deliver excellence in distribution of scientific supplies and customer service.