Benchmark International is delighted to announce the acquisition of Basingstoke-based Elkay Laboratory Products to Los Angeles-based Calibre Scientific.
Elkay Laboratory Products is a premier distributor of products including liquid handling, specimen collection, storage, biobanking, test tubes, caps and vials, filtration and centrifugation, multi-well plates, and calibration services to a range of domestic and international institutions and organisations. The company’s diversified customer base spans a variety of end markets including clinical, academic, industrial and environmental applications.
Calibre Scientific is a diversified global provider of life science reagents, tools, instruments, and other consumables to the lab research, diagnostics, industrial, and biopharmaceutical communities. Calibre Scientific owns a portfolio of twenty-one life science and diagnostic companies with its global reach extending to over 175 countries. Headquartered in Los Angeles, California, the company continues to expand its product offering and global footprint to laboratories across a wide array of verticals and geographies.
With this acquisition, Calibre Scientific further enhances its overall product offering in the laboratory supplies market and adds a scalable distribution operation to the portfolio.
Robin Conway, Managing Director of Elkay Laboratory Products, said: “Over the past 25+ years at Elkay Laboratory Products, we have always prioritised the long-term success of our customers, suppliers and employees. This is why I am delighted to partner with Calibre Scientific as their overall strategy of buying and building each business with a view to the long-term aligns perfectly with our approach. I’m very excited to see what the future brings for Elkay Laboratory Products as part of Calibre Scientific.”
Mike Brownleader, Chief Revenue Officer of Calibre Scientific, commented: “We are excited to add Elkay Labs to the Calibre Scientific family. Elkay Labs has a long history of providing premium liquid handling products, micropipette and custom low temperature storage rack services to their customer base and, in combination with Calibre Scientific, we will look to add a variety of new value-added products to the Elkay portfolio which will further strengthen its customer relationships.”
Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com
Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com
ABOUT BENCHMARK INTERNATIONAL
Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $7B across various industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 14 offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses.