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Web Date: April 15, 2013

Thermo Fisher Scientific To Buy Life Technologies

Deal, for $13.6 billion, will make a large lab consumables and instrument supplier even larger
Department: Business
Keywords: instrumentation, acquisitions, life sciences

Confirming weeks of rumor, Thermo Fisher Scientific announced this morning that it will acquire life sciences industry supplier Life Technologies for $13.6 billion, plus the assumption of about $2.2 billion in debt.

The acquisition will cement Thermo Fisher’s role as one of the largest suppliers of scientific instruments and consumables to the laboratory world. Life Technologies will add about $3.8 billion in annual sales to the $12.5 billion . . .

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Chemical & Engineering News
ISSN 0009-2347
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