New Mountain Capital’s Avantor reached an agreement to buy laboratory-supply distributor VWR in a roughly $4.38 billion deal to diversify and capture a larger global presence.

VWR Corp, a provider of laboratory supplies and services, priced its initial public offering at $21 per share, below the price range it had previously indicated, raising $536 million.

VWR Corp, a supplier of laboratory chemicals and equipment with annual sales of about $4.2 billion, is owned by private equity firm Madison Dearborn Partners. It is gearing up for an initial ...

Avantor, owned by private equity firm New Mountain Capital, will buy VWR Corp <VWR.O> for about $4.38 billion, creating a laboratory equipment giant supplying everything from test tubes to ...