Avantor(AVTR)

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Avantor® Closes Previously Announced Divestiture of its Clinical Services Business
Prnewswire· 2024-10-18 11:05
RADNOR, Pa., Oct. 18, 2024 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences and advanced technology industries, announced that it has closed the divestiture of its clinical services business to Audax Private Equity in a transaction valued at approximately $650 million. Avantor expects the transaction to result in approximately $500 million in after-tax cash proceeds and a reduction of approximately $50 million i ...
MD vs. AVTR: Which Stock Should Value Investors Buy Now?
ZACKS· 2024-10-02 16:46
Investors looking for stocks in the Medical Services sector might want to consider either Pediatrix Medical Group (MD) or Avantor, Inc. (AVTR) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphas ...
Avantor® Wins Kaizen Institute Award for Excellence in Process Improvement and Quality Management
Prnewswire· 2024-09-30 12:05
Recognition highlights commitment to Avantor Business System (ABS) principles to enhance customer experienceRADNOR, Pa., Sept. 30, 2024 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences and advanced technologies industries, announced today that the Company's NuSil brand has received the 2024 North American Daily Kaizen Management award from the Kaizen Institute. NuSil, the leading global provider of high-purity s ...
Avantor® to Host Third Quarter 2024 Earnings Call on Friday, October 25, 2024
Prnewswire· 2024-09-27 12:05
RADNOR, Pa., Sept. 27, 2024 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences and advanced technology industries, will release its third quarter 2024 financial results before the market opens on Friday, October 25, and will hold a conference call on the same day at 8:00 a.m. Eastern Time to discuss the results.To hear a live audio webcast of the session, visit Events & Presentations in the Investor section of Ava ...
Avantor® Joins Pharmaceutical Industry-Sponsored Energize Virtual Power Purchase Agreement
Prnewswire· 2024-09-25 13:05
Reflects Growing Commitment to Renewable Energy SourcesEnergize virtual power purchase agreement will provide the equivalent of 25GWh of renewable energy annually beginning in 2026Avantor continues to implement global solar installations, with more planned in 2025RADNOR, Pa., Sept. 25, 2024 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences and advanced technologies industries, has entered into a 10-year virtual p ...
Avantor® Participates in BioProcess International 2024 Conference Scientific Program and Exhibition
Prnewswire· 2024-09-23 12:05
RADNOR, Pa., Sept. 23, 2024 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences and advanced technology industries, announced the Company will deliver multiple scientific presentations and exhibit at BioProcess International 2024, scheduled for September 23-26 in Boston. Over 3,200 biopharmaceutical development and production professionals representing 40-plus countries are expected to attend.Avantor's scientific p ...
Broyhill's Q2 2024 Top Five Investments
Seeking Alpha· 2024-09-13 08:00
cherdchai chawienghong/iStock via Getty Images The following segment was excerpted from this fund letter. Top Holdings Our top five investments represented roughly 50% of the equity portfolio at quarter end. In alphabetical order, they were Avantor (AVTR), Baxter (BAX), Fiserv (FI), Nintendo (OTCPK:NTDOY), and Philip Morris (PM). Three of these five weighed on performance most heavily in the second quarter. And just the same, four of the top five were the fund’s largest contributors in July. As there wa ...
Avantor® Achieves Bronze Medal from EcoVadis for Sustainability Performance
Prnewswire· 2024-09-12 12:05
EcoVadis Rating validates Avantor's business sustainability commitments and performanceRADNOR, Pa., Sept. 12, 2024 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences and advanced technologies industries, announced today, for the second year in a row, that the Company has been awarded a Bronze Medal from EcoVadis, a global leader in business sustainability assessments.Avantor's latest score of 65, which was awarded ...
Avantor® to Participate in the Morgan Stanley 22nd Annual Global Healthcare Conference
Prnewswire· 2024-08-22 12:05
RADNOR, Pa., Aug. 22, 2024 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences and advanced technology industries, announced that Michael Stubblefield, President and CEO, will be participating in a fireside chat at the Morgan Stanley 22nd Annual Global Healthcare Conference in New York on Thursday, September 5, at approximately 10:45 a.m. Eastern Daylight Time.To hear a live audio webcast of the session, visit Even ...
Avantor (AVTR) Inks Deal to Optimize Portfolio, Reduce Debt
ZACKS· 2024-08-19 16:00
Avantor, Inc. (AVTR) recently signed a definitive agreement to divest its clinical services business, including kitting, biorepository, and related equipment and ancillaries (collectively known as Clinical Services), to Audax Private Equity (Audax). The transaction is expected to close in the fourth quarter of 2024, subject to regulatory approvals and other customary closing conditions.The clinical services business is currently part of Avantor's Laboratory Solutions segment.Avantor’s management plans to di ...