Benzinga | Apr 12, 2021 07:09AM EDT

Avantor To Acquire Ritter GmbH And Its Affiliates For 890M In Cash

Avantor, Inc. (NYSE:AVTR), a leading global provider of mission-critical products and services to customers in the life sciences and advanced technologies & applied materials industries, announced today that it has entered into a definitive agreement to acquire privately held Ritter GmbH and its affiliates in an all-cash transaction with an upfront equity purchase price of approximately (euro)890 million subject to final adjustments at closing and additional payments based on achieving future business performance milestones.