Thermo Fisher Scientific Completes Acquisition of Alfa Aesar to Significantly Expand Laboratory Chemicals Offering
September 30 2015 - 4:30PM
Business Wire
Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in
serving science, has completed its previously announced acquisition
of Alfa Aesar, a leading global manufacturer of research chemicals,
from Johnson Matthey Plc, for £256 million (or approximately $400
million) in cash.
“With the close of the transaction, we now have the opportunity
to fully leverage our combined capabilities in laboratory chemicals
to drive growth,” said Marc N. Casper, president and chief
executive officer of Thermo Fisher Scientific. “The addition of
Alfa Aesar products to our existing chemicals portfolio offers
customers greater access to a broad offering that serves virtually
every laboratory application – from research to production.”
Alfa Aesar has approximately 480 employees at key locations in
the United Kingdom, United States, Germany, China, South Korea and
India. The business generated sales of approximately £78 million in
2014 and 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 ScientificMedia:Ron O’Brien,
781-622-1242ron.obrien@thermofisher.comwww.thermofisher.comorInvestor:Ken
Apicerno, 781-622-1294ken.apicerno@thermofisher.com
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