Fisher Scientific is an American multinational biotechnology
product development company, created in 2006 by the merger of Thermo
Electron and Fisher Scientific. In April 2013, after a competitive
bidding with Hoffmann-La Roche, Thermo Fisher acquired Life
Technologies Corp for $13.6 billion in a deal that would rank the firm
as one of the leading companies in the genetic testing and precision
laboratory equipment markets.
1 Predecessors and merger
1.1 Acquisition history
1.2 Acquisitions and brands currently owned by Thermo-Fisher
3 External links
Predecessors and merger
Thermo Electron was co-founded in 1956 by
George N. Hatsopoulos
George N. Hatsopoulos and
Peter M Nomikos. Hatsopoulos is a MIT PhD in mechanical engineering
and Nomikos a
Harvard Business School
Harvard Business School graduate. It focused on
providing analytical and laboratory products and services, and had
revenues of over $2 billion in 2004.
Fisher Scientific was founded in 1902 by Chester G. Fisher from
Pittsburgh. It focused on providing laboratory equipment,
chemicals, supplies and services used in healthcare, scientific
research, safety, and education.
On May 14, 2006,
Thermo Electron and
Fisher Scientific announced that
they would merge in a tax-free, stock-for-stock exchange; the merged
company was named Thermo Fisher Scientific. On November 9, 2006,
the companies announced that the merger had been completed.
Federal Trade Commission
Federal Trade Commission ruled that this acquisition was
anticompetitive with regard to centrifugal evaporators, requiring
Fisher to divest Genevac. In April 2007,
Genevac was sold to
Riverlake Partners LLC and the merger closed with FTC
Currently, the company's products are sold under the brand names of
Thermo Scientific, Fisher Scientific, and several other recognized
brand names (e.g. Chromacol, Nalgene, Cellomics, Pierce Protein
Research and Fermentas). According to company figures, 46% of its
sales are in life sciences, 20% in healthcare, and 34% in
industrial/environmental and safety.
Thermo Fisher has offices and operations in many countries, notably
the U.S. and in Europe.
In May 2011, Thermo
Fisher Scientific Inc. bought
Phadia to expand in
testing for allergies and autoimmune diseases for €2.47 billion
($3.5 billion) in cash purchase.
In 2013 Thermo Fisher agreed to buy Life Technologies for $13.6
billion. The sale was completed on 4 February 2014, and the Life
Technologies brand became part of the Life Sciences Solutions Group of
Thermo Fisher Scientific.
In February 2015, the company announced it would acquire Advanced
Scientifics for $300 million in a cash-deal. ASI designs, manufactures
and delivers technologies used in bioprocessing solutions. In June
2015, the company announced its intention to acquire Alfa Aesar, a
global manufacturer of research chemicals for $405 million from
Johnson Matthey, and the acquisition was completed at the end of
In January 2016, the company announced it would acquire
$1.3 billion. On May 27, 2016, the company announced it would
FEI Company for $4.2 billion, a manufacturer of electron
microscopes. This acquisition is anticipated to close in early
2017 and will contribute to the growth of Thermo's Analytical
Instruments business group. In November the company announced it
would acquire MTI-GlobalStem, a previously privately held company that
develops reagents for cell transfection, neurobiology and stem cell
In February 2017, the company acquired Finesse Solutions, Inc.,
developer of scalable control automation systems and software for
bioproduction after receiving early termination of the waiting period
under the Hart-Scott-Rodino Antitrust Improvements Act. The
transaction was completed a day later. In March, the company
announced it would acquire Core Informatics, provider of cloud-based
platforms supporting scientific data management. In May, the
company announced it would acquire CDMO, Patheon, for $7.2
The following is an illustration of the company's major mergers and
acquisitions and historical predecessors (this is not a comprehensive
Illustration of the company's mergers, acquisitions, spin-offs and
Thermo Fisher Scientific
Scientific Materials Co.
Scientific Supplies, Ltd
Eimer & Amend
E. Machlett & Sons
Eastman Kodak Company
(Organic Chemicals div)
Apogent Technologies Inc.
Acquire Athena Diagnostics
Kendro Laboratory Products
Rupprecht and Patashnick Co., Inc.
US Counseling Services, Inc.
Laboratory Management Systems, Inc.
Research Genetics, Inc
Affymetrix (Acq 2016)
(Est 1971 as Field Electron and Ion Co. Merged 1997)
Philips Electron Optics
Finesse Solutions, Inc.
Royal DSM NV
(Pharmaceutical div, merged 2014)
Acquisitions and brands currently owned by Thermo-Fisher
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Acros Organics BVBA
Advanced Scientifics, Inc.
Allied Analytical Systems
Applied Research Laboratories
ATI Instruments North America
B•R•A•H•M•S USA, Inc.
Clintrak Clinical Labeling Services, LLC
Consolidated Technologies, Inc.
Doe and Ingalls
EGS Gauging, Inc.
Epoxyn Products L.L.C.
Erie Scientific Company
GH Flow Automation
Goring Kerr Ltd
Herz and Partner
Don Sandora Science
Life Technologies Corporation
Lindberg Blue M
Matrix Technologies LLC
Measuretech Canada Inc.
MF Physics Corporation
Molecular BioProducts Inc
MSC Moisture Systems
Nalge Nunc International Corporation
Nicolet Industrial Solutions
Nippon Jarrell Ash
Niton Analyzers LLC
NovaWave Technologies, Inc.
Omega Data Systems
Owl Separation Systems
Pierce Biotechnology, Inc
PV Dry II
Ramsey Process Controls
Richard-Allan Scientific Company
Rupprecht and Patashnick
Sentron Canada Inc.
Thermedics Detection de Mexico
Trek Diagnostic Systems, Inc.
Unicam Vacuum Generators
Unity Lab Services
^ a b c d e f "Thermo
Fisher Scientific Inc. 2017 Annual Report (Form
10-K)". sec.gov. U.S. Securities and Exchange Commission. January
^ Brennan, Zachary (March 2013). "Price of Life Tech Steady at $11B as
Roche Joins Bidding War". Outsourcing-Pharma.com. Retrieved
^ Bill Berkrot and Susan Kelly (15 April 2013). "Thermo Fisher to buy
Life Tech for $13.6 billion". Reuters.
^ "Equipamentos e produtos para laboratórios - Analítica".
^ http://web.mit.edu/newsoffice/founders/Thermo.html Company founding
^ "Financial Statements for Thermo
Fisher Scientific Inc. - Google
^ "PPG Vice President Fisher Dies". thefreelibrary.com.
^ a b "Thermo Fisher Scientific : Corporate Profile".
^ a b
Thermo Electron and
Fisher Scientific Completed,
Forming Thermo Fisher Scientific, press release, November 9, 2006
Merger of Thermo and Fisher anticompetitive, FTC Ruling
^ 3 April 2007. Riverlake Partners, LLC Acquires UK-based Genevac,
Ltd. Press Release.
^ FTC consent to
Genevac divestiture, FTC news release
^ "Thermo Fisher Rises to Record After $3.5 Billion
Fisher Scientific Acquires Single-Use Specialist ASI for
$300 Million - GEN News Highlights - GEN". GEN.
Fisher Scientific Agrees to Acquire Research Chemicals
Fisher Scientific - Thermo
Fisher Scientific Completes
Alfa Aesar to Significantly Expand Laboratory Chemicals
Offering". Retrieved 5 January 2016.
Fisher Scientific to Acquire
Affymetrix for $1.3B - GEN
Genetic Engineering &
Biotechnology News - Biotech from Bench to
Business - GEN".
^ Hallam, Kristen (27 May 2016). "Thermo
Fisher Scientific to Buy FEI
for About $4.2 Billion". Bloomberg. Retrieved 2016-05-28.
^ Schultz, Clark (27 May 2016). "Thermo
Fisher Scientific lands FEI
Company". Seeking Alpha. FEI. Retrieved 2016-05-27.
^ Seiffert, Don (27 May 2016). "Thermo CEO mum on whether he had
competitors in $4.2B bid for FEI". Boston Business Journal. Retrieved
31 May 2016.
Fisher Scientific Acquires MTI-GlobalStem - Thermo Fisher
Scientific eNews". news.thermofisher.com.
Fisher Scientific Receives Early Termination of
Hart-Scott-Rodino Waiting Period for Acquisition of Finesse Solutions,
Inc. - Thermo
Fisher Scientific eNews". news.thermofisher.com.
Fisher Scientific Completes Acquisition of Finesse
Solutions, Inc. - Thermo
Fisher Scientific eNews".
Fisher Scientific Acquires Core Informatics, Provider of
Leading Cloud-Based Scientific Data Platforms - Thermo Fisher
Scientific eNews". news.thermofisher.com.
Fisher Scientific to Acquire
Patheon for $7.2B - GEN Genetic
Biotechnology News - Biotech from Bench to Business
- GEN". GEN.
^ "Legal Entity Reference Guide" (PDF). Thermo Fisher Scientific. July
Fisher Scientific to Acquire Affymetrix". BusinessWire.
Fisher Scientific Completes Acquisition of
Alfa Aesar to
Significantly Expand Laboratory Chemicals Offering". BusinessWire.
^ "Life Technologies" (PDF). www.bioimage.com. Retrieved
Fisher Scientific Completes Acquisition of FEI Company".
BusinessWire. Retrieved 2017-12-04.
Fisher Scientific Completes Acquisition of Patheon". PR
NewsWire. Retrieved 2017-12-04.
Business data for Thermo Fisher Scientific: Google Finance