Thermo Fisher Scientific Acquires Leading Chromatography Consumables Provider, La-Pha-Pack
ALTHAM, Mass., Dec. 20 -- Thermo Fisher Scientific Inc. (NYSE:TMO), the world leader in serving science, today announced it has acquired La-Pha-Pack, a leading manufacturer and provider of chromatography consumables and related accessories, based in Langerwehe, Germany. With revenues of approximately $25 million, La-Pha-Pack will allow Thermo Fisher to offer customers an expanded line of chromatography consumable products through broad geographic coverage in Europe.
"La-Pha-Pack is well-known in Europe for its breadth of product portfolio, fast order turnaround and strong customer support," said Marijn E. Dekkers, president and chief executive officer of Thermo Fisher Scientific. "This acquisition will significantly strengthen our chromatography offering in Europe by complementing our existing specialty brand, Chromacol, which is manufactured in the U.K. Additionally, we expect to take advantage of La-Pha- Pack's highly automated manufacturing and assembly processes to improve our production capabilities and deliver high-quality consumable products to customers more efficiently than ever before."
La-Pha-Pack will be integrated into Thermo Fisher Scientific's laboratory consumables business, which is part of its Laboratory Products and Services Segment. For more information, visit http://www.la-pha-pack.com/.
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 http://www.thermofisher.com/.
FCMN Contact: investorrelations@thermo.com
Source: Thermo Fisher Scientific Inc.
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http://www.la-pha-pack.com/
