M&A Deal Summary

Thermo Fisher Scientific Acquires Finnzymes Oy

On March 5, 2010, Thermo Fisher Scientific acquired medical products company Finnzymes Oy for 59M USD

Acquisition Highlights
  • This is Thermo Fisher Scientific’s 5th transaction in the Medical Products sector.
  • This is Thermo Fisher Scientific’s 28th largest (disclosed) transaction.
  • This is Thermo Fisher Scientific’s 1st transaction in Finland.

M&A Deal Summary

Date 2010-03-05
Target Finnzymes Oy
Sector Medical Products
Buyer(s) Thermo Fisher Scientific
Deal Type Add-on Acquisition
Deal Value 59M USD
Advisor(s) Achelous Partners (Financial)

Target

Finnzymes Oy

Espoo, Finland
Finnzymes, a well-recognized provider of integrated tools for molecular biology analysis, including reagents, instruments, consumables and kits.

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Buyer(S) 1

Buyer

Thermo Fisher Scientific

Waltham, Massachusetts, United States

Category Company
Founded 1956
Sector Test/Measurement Equipment
Employees122,000
Revenue 42.9B USD (2024)
DESCRIPTION
Thermo Fisher's corporate headquarters in Waltham, Massachusetts.
Thermo Fisher's corporate headquarters in Waltham, Massachusetts.

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


DEAL STATS #
Overall 26 of 65
Sector: Medical Products M&A 5 of 11
Type: Add-on Acquisition M&A Deals 23 of 56
Country: Finland M&A 1 of 1
Year: 2010 M&A 3 of 8
Size (of disclosed) 28 of 29
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-26 Ahura Scientific

Wilmington, Massachusetts, United States

Ahura Scientific, Inc., is dedicated to bringing lab-accurate analysis directly to the point of need. The company's field-deployed analytical instruments consistently deliver precise and actionable intelligence to human health and public safety specialists. Founded in 2002, Ahura Scientific is headquartered in Wilmington, MA.

Buy $145M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-15 Proxeon Biosystems A/S

Odense, Denmark

Proxeon Biosystems A/S, an innovative supplier of products for proteomics analysis headquartered in Odense, Denmark. The company is recognized for its ability to provide a simplified proteomics workflow, including nanoflow liquid chromatography systems.

Buy -