Thermo Fisher Scientific Mergers and Acquisitions Summary

Test/measurement Equipment Company

Thermo Fisher Scientific has acquired 59 companies, including 12 in the last 5 years. A total of 22 acquisitions came from private equity firms. It has also divested 8 assets.

Thermo Fisher Scientific’s largest acquisition to date was in 2013, when it acquired Life Technologies for $15.8B. It’s largest disclosed sale occurred in 2019, when it sold Thermo Fisher Scientific - Anatomical Pathology Business to PHC Holdings for $1.1B. Thermo Fisher Scientific has acquired in 15 different US states, and 15 countries. The Company’s most targeted sectors include life science (31%) and medical products (20%).

Join Mergr and gain access to Thermo Fisher Scientific’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the test/measurement equipment sector.

M&A Summary

  • M&A Total Activity60
    • M&A Buy Activity52
    • M&A Sell Activity8
  • Total Sectors Invested 12
  • Total Countries Invested 15
  • M&A Buy/Sell Connections 34
  • M&A Advisors 5

Thermo Fisher Scientific, Inc.

168 Third Avenue,
Waltham, Massachusetts 02451
United States,
(781) 622-1000
www.thermofisher.com

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.


M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (2.2/yr) # 41 4 4 1 2 - 52
vol $23.6B $5.5B $7.2B $1.7B $38.0B
Sell (0.2/yr) # 7 - - - 1 - 8
vol $2.5B $1.1B $3.6B
  60

Most Recent M&A

Company Date Value Type
HighChem Ltd. 2019-06-06 - Add-on Acquisition
Bratislava, Slovakia · www.highchem.com
Brammer Bio, LLC 2019-03-24 1.7B USD Add-on Acquisition
Cambridge, Massachusetts · www.brammerbio.com
Thermo Fisher Scientific, Inc. - Anatomical Pathology Business 2019-01-29 1.1B USD Divestiture
Waltham, Massachusetts
IntegenX, Inc. 2018-03-16 - Add-on Acquisition
Pleasanton, New Jersey · www.integenx.com
EPTEK Technology Co. Ltd. - Emission Monitoring Assets 2017-12-04 - Divestiture
, China
Patheon BV 2017-05-15 7.2B USD Add-on Acquisition
Durham, North Carolina · www.patheon.com
Core Informatics LLC 2017-03-06 - Add-on Acquisition
Branford, Connecticut · www.corelims.com
Finesse Solutions, Inc. 2017-02-14 - Add-on Acquisition
Santa Clara, California · www.finesse.com
MTI-GlobalStem 2016-11-29 - Add-on Acquisition
Gaithersburg, Maryland · www.mti-globalstem.com
FEI Company 2016-05-27 4.2B USD Add-on Acquisition
Hillsbor, Oregon · www.fei.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Life Technologies Corp.    - BAC BV 2013-01-22 16
Carlsbad, California · www.lifetechnologies.com Naarden, Netherlands · www.bacbv.com
Life Technologies Corp.    - Compendia Bioscience, Inc. 2012-10-08 15
Carlsbad, California · www.lifetechnologies.com Ann Arbor, Michigan
Life Technologies Corp.    - Pinpoint Genomics, Inc. 2012-07-25 14
Carlsbad, California · www.lifetechnologies.com Mountain View, California
Life Technologies Corp.    - Ion Torrent Systems, Inc. 2010-08-17 13
Carlsbad, California · www.lifetechnologies.com San Francisco, California · www.iontorrent.com
Life Technologies Corp.    - Stokes Bio Ltd. 2010-04-27 12
Carlsbad, California · www.lifetechnologies.com Limerick, Ireland
Life Technologies Corp.    - Geneart AG 2010-04-09 11
Carlsbad, California · www.lifetechnologies.com Regensburg, Germany
Life Technologies Corp.    - AcroMetrix 2010-01-12 10
Carlsbad, California · www.lifetechnologies.com Benicia, California · www.acrometrix.com
Life Technologies Corp.    - BioTrove, Inc. 2009-12-21 9
Carlsbad, California · www.lifetechnologies.com Woburn, Massachusetts
Life Technologies Corp.    - Invitrogen Corp. 2008-11-01 8
Carlsbad, California · www.lifetechnologies.com Carlsbad, California · www.invitrogen.com
Life Technologies Corp.    - Applied Biosystems, Inc. 2008-11-01 7
Carlsbad, California · www.lifetechnologies.com Foster City, California · www.appliedbiosystems.com

M&A by Sector

Sector Buy # Value Sell # Value
Life Science 16 (31%) 9.7B (26%) 4 (50%) 2.0B (55%)
Medical Products 10 (19%) 2.9B (8%) 1 (13%) 1.1B (31%)
Test/Measurement Equipment 9 (17%) 22.1B (58%) 1 (13%) 480M (13%)
Electronics 6 (12%) 13M (< 1%) - -
Manufacturing 1 (2%) 145M (< 1%) 2 (25%) 13M (< 1%)
Chemicals 2 (4%) 569M (1%) - -
Healthcare Services 2 (4%) 2.4B (6%) - -
Software 2 (4%) - - -
Distribution 1 (2%) - - -
Internet Software and Services 1 (2%) - - -
Packaging 1 (2%) 138M (< 1%) - -
Plastics 1 (2%) - - -
Total 52 $38.0B 8 $3.6B

By Geo

State/Country Buy Value Sell Value
United States 32 34.0B 6 3.6B
  Massachusetts 6 2.3B 2 1.9B
  California 5 20.1B - -
  New Jersey 4 151M - -
  Pennsylvania 2 - 1 200M
  North Carolina 2 7.2B - -
  New Hampshire 2 - - -
  Colorado 2 - - -
  Texas 1 - - -
  Oregon 1 4.2B - -
  Ohio 1 - - -
  Maryland 1 - - -
  Delaware 1 - - -
  Connecticut 1 - - -
  Alabama 1 - - -
  Illinois - - 1 480M
Germany 4 864M - -
United Kingdom 2 272M 1 -
Australia 2 120M - -
Canada 2 260M - -
  Ontario 2 260M - -
Lithuania 1 - 1 -
China 1 - - -
Denmark 1 - - -
Finland 1 59M - -
France 1 - - -
Netherlands 1 - - -
Slovakia 1 - - -
Spain 1 - - -
Sweden 1 2.4B - -
Switzerland 1 - - -
Domestic 32 (62%) 34.0B (90%) 6 (75%) 3.6B (100%)
Cross-border 20 (38%) 4.0B (10%) 2 (25%) -
Total 52 $38.0B 8 $3.6B

Top M&A Advisors

Financial Deals
J.P. Morgan Securities LLC
5
Barclays Investment Bank
3
Goldman Sachs Investment Banking Division
1
Legal Deals
Wachtell, Lipton, Rosen & Katz LLP
5
Wilmer Cutler Pickering Hale and Dorr LLP
3

Deal Values

buy # Total
> $1B 7 $34.7B
$100M to $1B 10 $3.2B
< $100M 2 $72M
TOTAL $38.0B
Largest Life Technologies Corp.
$15.8B (2013-04-15)
sell # Total
> $1B 2 $2.2B
$100M to $1B 3 $1.4B
< $100M 1 $13M
TOTAL $3.6B
Largest Thermo Fisher Scientific, Inc. - Anatomical Pathology Business
$1.1B (2019-01-29)

M&A Connections

Deals %
Acquired from
PE Firm(s)
79%
22 79%
Strategic(s)
21%
6 21%
Divested to
PE Firm(s)
29%
2 29%
Strategic(s)
71%
5 71%