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Thermo Electron Buys US Counseling

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WALTHAM, Mass., April 21 -- Thermo Electron Corp., a supplier of scientific instruments, announced today the purchase of US Counseling Services Inc. (USCS) for $77.9 million in cash, subject to a post-closing adjustment. Thermo Electron's net purchase price is $74.7 million, after adjusting for $3.2 million in cash acquired with the business. Thermo Electron said the acquisition augments its service business to provide critical asset management skills. USCS, Based in Brookfield, Wisc., provides equipment asset management services in the pharmaceutical and healthcare industries, including...Read full article

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    Published: April 2004
    News & Featuresscientific instrumentsThermo ElectronUS Counseling ServicesUSCS

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