Merger of Thermo Electron and Fisher Scientific Completed, Forming Thermo Fisher Scientific
New combined company creates the leading provider of products and services in the high-growth life, laboratory and health sciences industry
WALTHAM, Mass., Nov. 9 /PRNewswire-FirstCall/ -- Thermo Electron Corporation (NYSE: TMO) and Fisher Scientific International Inc. (NYSE: FSH) today announced that the merger of the two companies has been completed, creating Thermo Fisher Scientific Inc., the world leader in serving science. The companies combined in a tax-free, stock-for-stock transaction following anti-trust clearance received from the European Commission earlier today. The new company, headquartered in Waltham, Mass., has approximately $9 billion in revenues and 30,000 employees. Thermo Fisher Scientific will trade on the New York Stock Exchange under the symbol "TMO."
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About Remel
Remel, part of Thermo Fisher Scientific, is a global provider of a wide range of high quality microbiology products used by clinical, industrial, research, and academic laboratories. We are a world leader in the manufacture and distribution of dehydrated and prepared culture media, collection and transport systems, diagnostic and rapid direct specimen tests, quality control products and much more. An extensive product portfolio, which includes trusted, market-leading names and superior performance, is complemented by a team of experts dedicated to providing the highest levels of technical service and customer support. Our people take great pride in providing quality products, rapid delivery, and superior support and are committed to exceeding customer expectations. Now, as a brand of Thermo Fisher Scientific, the world leader in serving science, we are even better positioned to deliver the science, service, and solutions our laboratory customers need to get the job done.