Thermo Fisher Scientific Acquires Instrument Sales Business of Davis Inotek
WALTHAM, Mass., Sept. 5 /-- Thermo Fisher Scientific Inc. (NYSE:TMO), the world leader in serving science, has acquired the instrument sales business of Davis Inotek Instruments, LLC. The acquired business will be branded Davis Instruments and excludes its related calibration services. Davis Instruments is a leading provider of test, measurement and process control instruments, serving customers in a wide range of industries through its extensive catalog and e-commerce sales channels. The instrument sales business had revenues of approximately $30 million in 2006.
Davis Instruments will become part of Thermo Fisher's Cole-Parmer customer channel, a specialty catalog brand that provides technical instruments, equipment and supplies to industrial, pharmaceutical, academic and government customers around the world.
"Our Cole-Parmer channel is a well-known resource for the specialty instruments and consumables that our customers need for their scientific research or industrial process applications," commented Marijn E. Dekkers, president and chief executive officer of Thermo Fisher Scientific. "The addition of Davis Instruments is a perfect complement to the Cole-Parmer channel, and will strengthen our ability to meet our customers' needs through a range of convenient purchasing options."
About Thermo Fisher Scientific
Thermo Fisher Scientific (NYSE:TMO) is the world leader in serving science, enabling our customers to make the world healthier, cleaner and safer. With an annual revenue rate of more than $9 billion, we employ 30,000 people and serve over 350,000 customers within pharmaceutical and biotech companies, hospitals and clinical diagnostic labs, universities, research institutions and government agencies, as well as environmental and industrial process control settings. Serving customers through two premier brands, Thermo Scientific and Fisher Scientific, we help solve analytical challenges from routine testing to complex research and discovery. Thermo Scientific offers customers a complete range of high-end analytical instruments as well as laboratory equipment, software, services, consumables and reagents to enable integrated laboratory workflow solutions. Fisher Scientific provides a complete portfolio of laboratory equipment, chemicals, supplies and services used in healthcare, scientific research, safety and education. Together, we offer the most convenient purchasing options to customers and continuously advance our technologies to accelerate the pace of scientific discovery, enhance value for customers and fuel growth for shareholders and employees alike. Visit www.thermofisher.com/ .
FCMN Contact: investorrelations@thermo.com
Source: Thermo Fisher Scientific Inc.
CONTACT: Media, Lori Gorski, +1-781-622-1242, lori.gorski@thermofisher.com , or Investors, Ken Apicerno, +1-781-622-1111, ken.apicerno@thermofisher.com , both of Thermo Fisher Scientific Inc.
Web site: www.thermofisher.com/
