Volume 91 Issue 20 | p. 18 | Concentrates
Issue Date: May 20, 2013

Thermo Fisher Sued Over Plant Sale

Department: Business
Keywords: Thermo Fisher, drug cartels, OpenGate Capital

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 . . .

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