Thermo Fisher Scientific Inc acquires Sterilin Ltd

Thermo Fisher Scientific Inc., the world leader in serving science, Friday announced that it has acquired Sterilin, Ltd., a leading provider of single-use plastic products serving the microbiology, life sciences and clinical markets. Headquartered in South Wales, U.K., the company has approximately 270 employees and 2010 full year revenue of approximately $35 million.

Marc N. Casper, president and chief executive officer of Thermo Fisher Scientific, said the acquisition broadens the range of innovative specialty laboratory products Thermo Fisher can offer its customers.

Casper said the investment is also consistent with the company’s strategy to leverage its global sales and support organization to give its customers across Europe, Asia-Pacific and North America greater access to these products.

Sterilin Ltd. offers a broad portfolio of premium quality disposable plastic products used in sample collection, preservation and processing, including a leading line of tissue culture plastics that complement Thermo Fisher's line of plastic consumable products used in laboratories worldwide. The business will be integrated into Thermo Fisher's Laboratory Products and Services Segment.

Thermo Fisher Scientific Inc. is the world leader in serving science. With revenues of nearly $11 billion, Thermo Fisher has approximately 37,000 employees and serves customers within pharmaceutical and biotech companies, hospitals and clinical diagnostic labs, universities, research institutions and government agencies, as well as in environmental and process control industries.

The company creates value for its key stakeholders through two premier brands, Thermo Scientific and Fisher Scientific, which offer a unique combination of continuous technology development and the most convenient purchasing options.

Its products and services help accelerate the pace of scientific discovery, and solve analytical challenges ranging from complex research to routine testing to field applications.
Sterilin Ltd manufactures and supplies a wide range of premium quality disposable plastic products for the life science market including Petri dishes, sample containers, pipettes and multiwell plates.

It also supplies the increasingly sophisticated field of life sciences, with an extensive range of top quality Iwaki tissue culture plastics - from standard flasks and dishes to the more advanced glass based products for live cell imaging. Sterilin offers a range of regular bottles in HDPE, LDPE, or PP from 30ml to 2000ml with standard, dispensing, child resistant and tamper evident closure options.

Sterilin Ltd is also a long established manufacturer of a wide range of moulded and extruded silicone products from medical grade tubing to silicone discs. Custom manufacturing is also available.

20th May 2011