ADVERTISEMENT
2 /3 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

Thermo Fisher Sued Over Plant Sale

by Marc S. Reisch
May 20, 2013 | APPEARED IN VOLUME 91, ISSUE 20

Private equity firm OpenGate Capital has accused Thermo Fisher Scientific of selling it a plant last year in Mexico that is overrun by a drug cartel. In a lawsuit filed on May 10 in a Los Angeles federal district court, OpenGate claims Thermo Fisher deliberately concealed that the plant in Reynosa, Mexico, “was under siege and the subject of repeated, near-daily security breaches” by gun-toting members of the Gulf Cartel. In a statement, Thermo Fisher said, “We believe this lawsuit is without merit. The safety and security of our work sites and employees is always our first priority.” OpenGate bought the plant in November 2012 when it purchased Thermo Fisher’s laboratory furniture business.

X

Article:

This article has been sent to the following recipient:

Leave A Comment

*Required to comment