omniture

VWR International, Inc. Opens a Wholly Owned Subsidiary in INDIA

VWR International, Inc.
2006-11-01 17:56 10630

WEST CHESTER, Pa., Nov. 1 /Xinhua-PRNewswire/ -- VWR International, Inc.,

a leader in the global research laboratory industry, announced today the

establishment of a full-service, wholly owned subsidiary in Bangalore, INDIA

to better serve the needs of the rapidly expanding pharmaceutical and biotech

industry in the subcontinent.

The new office for VWR Lab Products Private Limited, located at Richmond

Road, Bangalore 560 025, serves as a central resource for customer service,

sales support and technical services for the Indian subcontinent. As a fully

licensed Indian company, the new office has the ability to hire locally and

conduct transactions in local currency, offering an added convenience for

VWR’s global customers. The office will also continue to serve as a location

for VWR’s strategic sourcing of laboratory supplies, equipment and

instruments within India.

"India has been a significant player in the global science and research

arena for some time now. India’s abundant highly educated, competitive,

English-speaking workforce continues to attract international companies.

Several of VWR’s current global customers, have opened their research and

manufacturing facilities in India," said Ted Pulkownik, Senior Vice President

of Strategy, Corporate Development and Emerging Markets, VWR. "Coupled with

the rapidly expanding domestic pharmaceutical and biotech industry in the

Indian subcontinent, this presents a tremendous opportunity for VWR to meet

the needs of our existing customers and to tap into new market growth, while

supporting VWR’s overall strategy of geographic expansion with first-class

local service for our customers."

"India is a growth market for VWR and has traditionally lacked a one-stop-

shop provider for laboratory products with the capability to offer everything

from consumables to instruments. VWR will now fill that void and help create

procurement efficiencies along with global product standardization in terms

of range and quality," said MK Sathya, Vice President of Corporate

Initiatives, VWR. "The needs of our customers will be better served with a

local office that can provide immediate solutions for their business

challenges."

The formation of VWR Lab Products Private Limited comes closely on the

heels of the recently announced joint distribution agreement with HiMedia

Laboratories. The new VWR office enhances the company’s support capabilities

at the local Indian subcontinent level, providing "real-time" service through

export supply chain management, local sales and service representation,

product seminars, training and response to end-user technology and

application requests.

About VWR International

VWR International is a leader in the global research laboratory industry

with worldwide sales in excess of $3.1 billion US dollars. VWR’s business is

highly diversified across a spectrum of products and services, customer

groups and geography. The company offers more than 1,200,000 products, from

more than 2,500 manufacturers, to over 250,000 customers throughout North

America and Europe. VWR’s primary customers work in the pharmaceutical, life

science, chemical, technology, food processing and consumer product

industries. Other important customers include universities and research

institutes; governmental agencies; environmental testing organizations; and

primary and secondary schools. VWR International affiliates operate in 20

countries and employ approximately 6,100 people. The company’s mission is to

deliver excellence in the distribution of scientific supplies. The VWR

International Group is headquartered in West Chester, Pennsylvania. VWR-G

For more information on VWR International or a copy of this filing, phone

(610) 430-7258 or visit http://www.vwr.com , or write, VWR International,

Inc., 1310 Goshen Parkway, P.O. Box 2656, West Chester, PA 19380-0906.

VWR and design are trademarks of VWR International, Inc.

Source: VWR International, Inc.
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