Benzinga | Aug 11, 2021 04:34PM EDT

Kewaunee Scientific Corporation Announces Distribution Partnership With NuAire; Terms Not Disclosed

Kewaunee Scientific Corporation (NASDAQ:KEQU), a recognized global leader in the design, manufacture, and installation of laboratory, healthcare, and technical furniture products, is proud to announce its partnership with NuAire, a global leader in the manufacturing and distribution of equipment for a diverse range of laboratory and pharmacy environments. This partnership expands Kewaunee's current product offering, providing Kewaunee's customers access to NuAire's portfolio of products, while offering NuAire access to Kewaunee's market leading global distribution channels.

"The global market for products that Kewaunee and NuAire offer continues to grow", says Thomas D. Hull III, President & Chief Executive Officer, Kewaunee Scientific Corporation. "The biosafety cabinet market is growing rapidly due to increased investment in research and development activities requiring the safety and performance of these products. Providing Kewaunee's customers access to NuAire's portfolio enhances our value proposition as customers are looking for partners with the capability to provide turn-key solutions when building a new laboratory or modernizing an existing facility. The partnership is a win-win for both organizations, leveraging the strengths of two market leaders."