Thermo Fisher Scientific Signs Agreement to Acquire Research Chemicals Leader Alfa Aesar
June 25 2015 - 9:24AM
Business Wire
Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in
serving science, today announced it has signed a definitive
agreement to acquire Alfa Aesar, a leading global manufacturer of
research chemicals and part of Johnson Matthey Plc, for £256
million (or approximately $405 million) in cash. Based in Heysham,
U.K., Alfa Aesar has 480 employees and operates in key research
hubs in the United States, Germany, China, South Korea and India.
The business generated sales of approximately £78 million (or $125
million) in 2014.
“The acquisition of Alfa Aesar enhances our existing portfolio
of chemicals, solvents and reagents to support virtually every
laboratory application – from research, to drug discovery and
development, to production,” said Marc N. Casper, president and
chief executive officer of Thermo Fisher Scientific. “In addition,
customers will benefit from greater access to these products
through our extensive global commercial reach.”
The transaction, which is expected to be completed by the end of
2015, is subject to customary closing conditions, including
regulatory approvals. Alfa Aesar will be integrated into Thermo
Fisher’s Laboratory Products and Services Segment.
About Thermo Fisher Scientific
Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in
serving science, with revenues of $17 billion and approximately
50,000 employees in 50 countries. Our mission is to enable our
customers to make the world healthier, cleaner and safer. We help
our customers accelerate life sciences research, solve complex
analytical challenges, improve patient diagnostics and increase
laboratory productivity. Through our premier brands – Thermo
Scientific, Applied Biosystems, Invitrogen, Fisher Scientific and
Unity Lab Services – we offer an unmatched combination of
innovative technologies, purchasing convenience and comprehensive
support. For more information, please
visit www.thermofisher.com.
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Thermo Fisher Scientific Inc.Media Contact Information:Ron
O’Brien,
781-622-1242ron.obrien@thermofisher.comwww.thermofisher.comorInvestor
Contact Information:Ken Apicerno,
781-622-1294ken.apicerno@thermofisher.com
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