News & Views
Wheaton buys LSL Group
May 11 2011
Wheaton Industries Inc has acquired Laboratory Sales Limited (LSL), a leading manufacturer and marketer of tubular glass products and laboratory consumables based in Rochdale, England. Founded in 1980, LSL also markets 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 specialty packaging and related instruments for cellbased research, chemical compound, in vitro diagnostics, and specialty pharmaceutical markets,” said Stephen Drozdow, President and CEO of Wheaton Industries. “We were particularly attracted to LSL’s position and growth prospects in the U.K. and throughout Europe.” Drozdow noted LSL will operate as a standalone subsidiary of Wheaton Industries Inc.Grahame Elmore, Owner and MD of LSL Group commented: “This opportunity provides LSL with a perfect partner going forward the excellent synergies guarantee a powerful dynamic in the marketplace that will be to the ultimate benefit of all our customers.”
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