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Wednesday, April 17, 2024

Hogan Lovells steers Calibre Scientific´s acquisition of Glass Chemicals

A multidisciplinary Hogan Lovells team has advised Calibre Scientific, Inc. the life sciences division of US fund StoneCalibre, LLC, on the acquisition of Spanish company Glass Chemicals

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Calibre Scientific has acquired Glass Chemicals, a Spanish distributor of scientific consumables, equipment and services for the life sciences, diagnostics, and industrial sectors. Glass Chemicals is Calibre Scientific’s second acquisition in Spain, and further expands its presence across the entire Spanish market including offices and warehouses in the key regions of Madrid and Barcelona.

Glass Chemicals markets and distributes products for laboratory, hospital and pharmaceutical customers. Its capabilities also include after-sales service, packaging, sterilization management as well as medical and non-medical product customization performed in a cleanroom setting.

With this acquisition, Calibre Scientific gains another strategic partner in the laboratory supplies market and adds additional focus on providing key services to the industry. “Glass Chemicals is a trusted brand in Spain with strong customer relationships and an impressive offering of products and services,” said Ben Travis, Chief Executive Officer of Calibre Scientific. “We are excited to collaborate with the management team and leverage their unique market knowledge and customer relationships which together with Calibre Scientific’s existing distributor, Serviquimia, will further strengthen our ability to service a broad customer base across all of Spain.”

Hogan Lovells Madrid advised with a team led by partner and head of the Corporate and Commercial practice of Hogan Lovells’ Madrid office Alex Dolmans, and made up of senior associate Adrián Fernández de Pedro and associate Mariana Blanco Matilla (Corporate M&A/Commercial), partner Emilio Gómez Delgado and lawyer Aránzazu López Benito (Real Estate); senior associate Álvaro Abad Fernández de Valderrama and lawyer Raúl Matute Arnedillo (Regulatory), partner Luis Enrique de la Villa de la Serna and associate Laura Cerezo Sánchez (Labour), and junior associate Cristina Barón Maestre and associate Joanna Rozanska (IPMT).

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