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Grace Focuses Its Pharma, Nutraceutical Business; Sells Chromatography Instruments, Columns, and Related Laboratory Product Lines

COLUMBIA, Md., May 24, 2016 – W. R.  Grace & Co. (NYSE:GRA) today affirmed its commitment to three growing  service lines for the pharmaceutical and nutraceutical industries, and announced  agreements to sell product lines associated with its chromatography instruments,  columns, and related laboratory products businesses that are not aligned with the  company’s plans for growth.

Grace will continue to supply VYDAC®  and DAVISIL® media for process chromatography, Syloid ®  FP excipients for drug formulations, and custom manufacturing of regulatory  starting materials and intermediates.

“Grace has determined that the best way  to ensure that former and future customers are provided with high-value  products and first-class service is to move these laboratory product lines to  companies for which they are a better match,” said Robert Gatte, Vice President,  Chief Technologist, and General Manager of Grace’s Discovery Sciences business  unit. “For Grace, this means concentrating on our core materials science and  manufacturing capabilities. For lab products customers, it means working with  companies that serve B-to-C markets for equipment that will continue to utilize  Grace media.”

Grace has agreed to sell its flash  chromatography and ELSD instrument business to BUCHI Corporation, a division of  BUCHI Labortechnik AG, a Swiss manufacturer and global supplier of laboratory  equipment to the pharma, chemicals, and food/beverage industries. The sale  includes REVELERIS® Purification Systems, GraceRESOLV™ and REVELERIS®  Flash Cartridges, and Alltech® ELSD 3300 instrumentation. Grace is  now the exclusive supplier of media for use in these flash cartridge brands by BUCHI.

Dr. Maisch GmbH, a German company  specializing in high-performance liquid chromatography (HPLC), has agreed to  purchase Grace’s line of analytical HPLC columns, preparative columns, and  packing equipment and services. This includes EXSIL™, MODSIL™ and EXMERE™  Media, the ALLTECH® HPLC column brands ADSORBOSPHERE™, ALLSPHERE™,  BRAVA™, ECONOSPHERE™, GRACESMARTTM, PLATINUM™, and VISIONHT brands. Grace  will continue to supply media and provide media bonding services for these  column brands. Also included in the purchase are the MODcol® brands including  SPRING® Preparative Column Hardware, MULTIPACKER® packing  equipment and packing services.

Additional Grace HPLC column brands,  including VYDAC®,  will be  sold exclusively by Hichrom Ltd. of the UK, one of the world's leading  manufacturers and distributors of HPLC and ultra high performance liquid  chromatography (UHPLC) columns and accessories.  In addition to selling VYDAC® analytical  columns, Hichrom will acquire Grace’s   ALLTIMA®, ALLSEPTM, APEX™, APOLLO™, GENESIS®,  and PREVAIL™ HPLC column brands. Grace will continue to supply media to Hichrom  for these column brands.

Grace also has agreed to sell its  GRACE® and ALLTECH® solid phase extraction (SPE) cartridge  brands MAXI-CLEAN™, EXTRACT-CLEAN™, and GRACEPURE™ brands to S*Pure Pte Ltd, a  laboratory and scientific equipment supplier based in Singapore. The related  Grace manufacturing facility in Surat, India is included in the transaction.  Grace will continue to supply SPE media to S*Pure.

Grace will no longer accept orders for  any of the product lines it has sold. All future inquiries for these brands  should be directed to the purchasing companies. Information about other divested  products and contact information for new suppliers is available at discoverysciences.com.

About Grace

Built  on talent, technology, and trust, Grace is a leading global supplier of  catalysts and engineered materials. The company’s two industry-leading business  segments—Catalysts Technologies and Materials Technologies—provide innovative  products, technologies, and services that enhance the products and processes of  our customer partners around the world. Grace employs approximately 3,700  people in over 30 countries. More information about Grace is available at  grace.com.

Media Relations

Rich Badmington
T +1 410.531.4370
rich.badmington@grace.com

Greg Ten Eyck
T +1 410.531.4460
greg.teneyck@grace.com

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