Avantor, Inc, a leading global provider of mission-critical products and services to customers in the life sciences and advanced technology industries, announced the appointment of Sanjeev Mehra to its Board of Directors, effective immediately.  

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Mr. Mehra is Co-Founder and serves as Managing Partner of Periphas Capital LP, a private equity firm focused on investing in technology enabled businesses in services, consumer and industrial end markets. Prior to founding Periphas, Mr. Mehra spent over 30 years at Goldman, Sachs & Co., where he served as Vice Chairman of the Global Private Equity business, as co-head of US Private Equity and as a Partner of the firm for 18 years. He is also a member of the Board of OPENLANE, Inc. and ShipMonk, Inc.

“Sanjeev has spent his career helping companies drive growth and unlock shareholder value, and we welcome his expertise to Avantor,” said Gregory Summe, Chairman of the Avantor Nominating & Governance Committee. “I have worked with Sanjeev at other companies and believe he will be very helpful as we implement the Avantor Revival plan, with an immediate focus on accelerating growth and increasing profitability.”

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“Avantor’s impressive global reach, distribution network and innovative products provide a strong foundation,” said Mr. Mehra. “I look forward to working closely with the management team and the rest of the Board to execute on the Avantor Revival plan, help return the company to growth and deliver increased shareholder value.”

About Sanjeev Mehra

Sanjeev Mehra is founder and Managing Partner of Periphas Capital. Mr. Mehra was also a founding member of Goldman Sachs’ Principal Investment Area (“PIA”), the firm’s private investing arm of its Merchant Banking Division (“MBD”) and served on its Investment Committee from 1998 to 2017.

Over his career, Mr. Mehra has served on the Boards of more than 25 companies, including Burger King, ARAMARK, Great Plains Software, Hexcel Corporation, Interline Brands, KAR Auction Services, Nalco, NetJets and SunGard Data Systems.

Mr. Mehra holds a bachelor’s degree in economics from Harvard College and an MBA from Harvard Business School.

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Source- PR Newswire