Wheaton: acquisition of LSL Group

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Wheaton Industries Inc., located in Millville, New Jersey, has announced the acquisition of UK Laboratory Sales Limited (LSL), a leading manufacturer and marketer of tubular glass products and laborat...

Wheaton Industries Inc., located in Millville, New Jersey, has announced the acquisition of UK Laboratory Sales Limited (LSL), a leading manufacturer and marketer of tubular glass products and laboratory consumables. Founded in 1980, LSL is a privately owned manufacturer and distributor of laboratory products that has become one of the UK``s premier manufacturers of tubular glass products for the Biotechnology and Cosmetic markets, as well as marketing plastic laboratory consumables to UK``s National Health Service (NHS) and Education markets. This strategic investment further strengthens our position as a market leader of speciality packaging and related instruments for cell-based research, chemical compound, in vitro diagnostics, and speciality pharmaceutical markets, said Stephen Drozdow, President and CEO of Wheaton Industries. We were particularly attracted to LSL``s position and growth prospects in the UK and throughout Europe. Drozdow added that LSL will operate as a standalone subsidiary of Wheaton Industries Inc. Stephen Drozdow added, Customers can expect the same excellent products and service they have grown accustomed to. LSL``s renowned brand will be further complimented and extended by Wheaton``s broad product portfolio and global reach. Wheaton Industries is dedicated to providing quality products and services for the laboratory research, diagnostic packaging, and speciality pharmaceutical industries.

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