DAILY NEWS Aug 19, 2014 11:32 AM - 0 comments

Thermo Fisher completes sale of lab equipment maker Cole-Parmer

TEXT SIZE bigger text smaller text

Testing equipment manufacturer Thermo Fisher Scientific Inc. has completed the sale of its Cole-Parmer customer channel business to private equity firm GTCR LLC for approximately US$480 million in cash.


The sale was announced on July 17, 2014.

Cole-Parmer, headquartered in Vernon Hills, Ill., is a global manufacturer and distributor of specialty laboratory equipment, instruments and supplies to a diverse range of customers in pharmaceutical, biotech, healthcare, chemicals, food and other research-based or regulated markets.


The business had approximately US$230 million in revenues for full year 2013, and is part of Thermo Fisher’s Laboratory Products and Services Segment.

Horizontal ruler

Horizontal Ruler

Post A Comment

Note: By submitting your comments you acknowledge that Canadian Plastics has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Please note that due to the volume of e-mails we receive, not all comments will be published and those that are published will not be edited. However, all will be carefully read, considered and appreciated.

Your Name (this will appear with your post) *

Email Address (will not be published) *

Comments *

* mandatory fields