Thermo Buys Chemito Tech
WALTHAM, Mass., June 3, 2008 -- Thermo Fisher Scientific Inc. announced Monday it has acquired the Analytical Technologies and Environment Instrumentation divisions of Chemito Technologies Pvt. Ltd., based in Mumbai, India. Terms were not disclosed.
Chemito is the country's largest local supplier of analytical instruments for life sciences and environmental monitoring applications. It also manufactures its own analytical instruments, including gas chromatography, atomic absorption and ultraviolet-visible spectrometers.
Chemito's Analytical Technologies and Environment Instrumentation divisions have annual revenues of approximately $10 million and will be integrated into Thermo Fisher's Analytical Technologies Segment.
In 2007, Thermo Fisher acquired Qualigens Fine Chemicals, India's largest laboratory chemicals manufacturer and supplier. The company also has a customer demonstration laboratory in Mumbai.
For more information, visit: thermofisher.com
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