Avidity Science has Acquired Edstrom Japan Ltd.
The Partners of ShoreView Industries are pleased to announce that Avidity Science, a ShoreView portfolio company, has acquired Edstrom Japan Ltd.
Based in Tokyo, Japan, Edstrom Japan provides a wide range of equipment, consumables, and services to the Japanese life sciences research market. The addition of Edstrom Japan expands Avidity’s global footprint and customer relationships in one of the leading international research markets.
Avidity Science is a worldwide leader in water purification systems and laboratory equipment for scientific research and healthcare facilities. Since ShoreView invested in Avidity Science in 2016, the Company has completed three strategic acquisitions.
ShoreView assisted Avidity Science in its acquisition of Edstrom Japan.
To learn more about Avidity Science, please visit its website at https://www.avidityscience.com
Founded in 2002, ShoreView is a Minneapolis-based private equity firm that has raised over $1.3 billion of committed capital across four funds. ShoreView partners with family or entrepreneurial-owned companies across many sectors, including engineered products, distribution, industrial services, business services, healthcare, and niche consumer products. ShoreView structures a variety of acquisition, recapitalization and build-up transactions, typically in businesses with revenues ranging between $20 million and $300 million.