Avantor is a global provider of mission-critical products and services to biopharma, healthcare, education, government, and advanced technology companies, supporting customers from discovery through manufacturing. The company operates two primary business channels: VWR, a global distributor of laboratory consumables and equipment offering millions of SKUs from numerous suppliers, and a specialty product manufacturing division producing proprietary high-purity chemicals (J.T. Baker), fluid handling systems (Masterflex), and medical-grade silicones (NuSil). Avantor generates recurring revenue through product sales, equipment distribution, manufacturing, and value-added services across a diversified customer base exceeding 300,000 locations worldwide, with no single customer representing more than 5% of sales.