M&A Deal Summary

Thermo Fisher Scientific Acquires Lancaster Laboratories

On November 9, 2006, Thermo Fisher Scientific acquired life science company Lancaster Laboratories from Fisher Scientific International

Acquisition Highlights
  • This is Thermo Fisher Scientific’s 6th transaction in the Life Science sector.
  • This is Thermo Fisher Scientific’s 10th transaction in the United States.
  • This is Thermo Fisher Scientific’s 2nd transaction in Pennsylvania.
Investment Fate
  • Lancaster Laboratories was divested to a consortium of strategic buyers in 2011 for 200M USD.

M&A Deal Summary

Date 2006-11-09
Target Lancaster Laboratories
Sector Life Science
Buyer(s) Thermo Fisher Scientific
Sellers(s) Fisher Scientific International
Deal Type Divestiture

Target

Lancaster Laboratories

Lancaster, Pennsylvania, United States
Lancaster Laboratories, Inc. a commercial contract laboratory performed analytical chemical and microbiological testing to support the development and manufacturing of pharmaceuticals.

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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 14 of 65
Sector: Life Science M&A 6 of 23
Type: Divestiture M&A Deals 2 of 8
State: Pennsylvania M&A 2 of 3
Country: United States M&A 10 of 41
Year: 2006 M&A 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-11-09 Fisher Scientific International

Hampton, New Hampshire, United States

Fisher Scientific International Inc. provides products and services to the researchers and laboratories in the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-15 Cohesive Technologies

Franklin, Massachusetts, United States

Cohesive Technologies, Inc. is a manufacturer and marketer of liquid chromatography solutions.

Buy -

Seller(S) 1

SELLER

Fisher Scientific International

Hampton, New Hampshire, United States

Category Company
Sector Life Science
DESCRIPTION

Fisher Scientific International Inc. provides products and services to the researchers and laboratories in the United States.


DEAL STATS #
Overall 2 of 2
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2006 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-05 Lancaster Laboratories

Lancaster, Pennsylvania, United States

Lancaster Laboratories, Inc. a commercial contract laboratory performed analytical chemical and microbiological testing to support the development and manufacturing of pharmaceuticals.

Buy -