Thermo Fisher Scientific Inc. and QIAGEN N.V. announced that they have entered into an amendment to their acquisition agreement under which Thermo Fisher has commenced a tender offer to acquire all of the ordinary shares of QIAGEN. The amendment provides for an increase from the original of ... more
Thermo Fisher Scientific Strengthens Presence in India with Acquisition of Chemito Technologies
Thermo Fisher Scientific Inc. announced it has acquired the Analytical Technologies and Environment Instrumentation divisions of Chemito Technologies Pvt. Ltd. Headquartered in Mumbai, India, Chemito is the country's largest local supplier of analytical instruments for life sciences and environmental monitoring applications, according to the company. In addition, Chemito manufactures its own analytical instruments, including gas chromatography, atomic absorption and UV-Vis spectroscopy.
"The strong reputation Chemito has developed through its extensive sales network, now complemented by Thermo Fisher's breadth of scientific and environmental instrumentation, extends the services we can provide to our customers throughout India," said Marijn E. Dekkers, president and chief executive officer of Thermo Fisher Scientific. "In addition, Chemito gives us manufacturing capabilities in India for analytical instrumentation, which, combined with our overall product portfolio, will allow us to create tailored workflow solutions for our customers in the region."
Chemito's Analytical Technologies and Environment Instrumentation divisions have annual revenues of approximately $10 million, and will be integrated into Thermo Fisher's Analytical Technologies Segment.
Thermo Fisher Scientific Inc. and QIAGEN N.V. announced that their boards of directors, as well as the managing board of QIAGEN N.V., have unanimously approved Thermo Fisher’s proposal to acquire QIAGEN for €39 per share in cash. The offer price represents a premium of approximately 23% to ... more
Thermo Fisher Scientific Inc. announced that it has completed its acquisition of FEI Company, Inc. a manufacturer of high-performance electron microscopy, for $107.50 per share in cash, or a total purchase price of approximately $4.2 billion. The completion of the transaction follows the re ... more
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