Wheaton Acquired by Duran Group
WHEATON, a provider of laboratory glassware and consumables, has been acquired by Duran Group, a portfolio company of funds advised by One Equity Partners Capital Advisors L.P. The transaction brings together two companies in the laboratory consumables sector.
WHEATON is a brand for glass and plasticware in North America while DURAN is a brand for premium laboratory glassware in Europe.
“This acquisition represents a new chapter for Wheaton and will allow us to accelerate a number of growth programs already in progress. Joining a company with the expertise and capabilities of Duran Group additionally opens up many possibilities for improvements and growth,” said Wayne Brinster, president and CEO of WHEATON, in a company release. “In the areas of products, infrastructure, talent and focus, the two organizations complement each other very well.”