M&A Deal Summary

GE Healthcare Acquires Thermo Fisher Life Science Assets

On March 24, 2014, GE Healthcare acquired life science company Thermo Fisher Life Science Assets from Thermo Fisher Scientific for 1.1B USD

Acquisition Highlights
  • This is GE Healthcare’s 3rd transaction in the Life Science sector.
  • This is GE Healthcare’s 3rd largest (disclosed) transaction.
  • This is GE Healthcare’s 16th transaction in the United States.

M&A Deal Summary

Date 2014-03-24
Target Thermo Fisher Life Science Assets
Sector Life Science
Buyer(s) GE Healthcare
Sellers(s) Thermo Fisher Scientific
Deal Type Divestiture
Deal Value 1.1B USD

Target

Thermo Fisher Life Science Assets

United States
Thermo Fisher Life Science Assets consist of cell culture (sera and media), gene modulation and magnetic beads businesses.

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Buyer(S) 1

Buyer

GE Healthcare

Westborough, Massachusetts, United States

website


Category Company
Founded 1994
Sector Medical Products
DESCRIPTION

GE Healthcare, a unit of General Electric Company is a provider of medical technologies and services. GE Healthcare has expertise in medical imaging and information technologies, medical diagnostics, patient monitoring systems, performance improvement, life sciences, drug discovery, and biopharmaceutical manufacturing technologies. GE Healthcare is based in Westborough, Massachusetts.


DEAL STATS #
Overall 18 of 30
Sector (Life Science) 3 of 5
Type (Divestiture) 1 of 2
Country (United States) 16 of 22
Year (2014) 2 of 3
Size (of disclosed) 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-04 Breas Medical AB

Mölnlycke, Sweden

Breas Medical AB is a manufacturer of home respiratory ventilators and sleep apnea products for the global home healthcare market sold in more than 40 countries.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-02 CHCA Computer Systems

Montreal, Quebec, Canada

CHCA Computer Systems Inc. is an operating room (OR) management and analytics solutions provider, headquartered in Montreal, Canada. CHCA develops the Opera software application, which has helped increase productivity and patient satisfaction in the OR by providing real-time data to support the decision making and management of surgical procedures.

Buy -

Seller(S) 1

SELLER

Thermo Fisher Scientific

Waltham, Massachusetts, United States

website


Category Company
Founded 1956
Sector Test/Measurement Equipment
Employees80,000
Revenue 32.2B USD (2020)
DESCRIPTION
Thermo Fisher's corporate headquarters in Waltham, Massachusetts.
Thermo Fisher's corporate headquarters in Waltham, Massachusetts.

Thermo Scientific is a provider of analytical instruments, laboratory equipment, software, services, consumables and reagents for better workflow solutions spanning sample preparation, sample analysis, and data interpretation. The Company was formed in 1956 and is based in Waltham, Massachusetts. Thermo Fisher Scientific was founded in 1956 and is based in Waltham, Massachusetts.


DEAL STATS #
Overall 6 of 8
Sector (Life Science) 4 of 4
Type (Divestiture) 5 of 7
Country (United States) 4 of 6
Year (2014) 1 of 2
Size (of disclosed) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-17 Prionics AG

Zurich, Switzerland

Prionics AG, a privately held animal health diagnostics company. To discover, develop and market innovative diagnostic solutions for major farm animal diseases to protect consumer health. As a provider in farm animal diagnostics, we are committed to providing our customers with high-quality products and sustainable solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-18 Cole-Parmer Instrument Company

Vernon Hills, Illinois, United States

Cole-Parmer Instrument Company, Inc. is a global source of fluid handling, test & measurement, environmental and biosciences instrumentation and associated consumables. Cole-Parmer is proven experts in the fields of peristaltic technologies, temperature measurement, and control, electrochemistry, water & air testing and chromatography. Cole-Parmer’s portfolio of unique industry-leading brands includes Masterflex®, Environmental Express™, and Traceable®. Cole-Parmer’s products are used in both research and production applications for a diverse range of customers across the life sciences, healthcare, environmental, and industrial end-markets.

Sell $480M