GTCR, a leading private equity firm, has recently completed the previously announced acquisition of Cole-Parmer Instrument Company (Cole-Parmer) from Thermo Fisher Scientific Inc. (Thermo Fisher).
Cole-Parmer, headquartered in Vernon Hills, Illinois, is a leading global manufacturer and distributor of specialty laboratory equipment, instruments and supplies to a diverse range of customers in pharmaceutical, biotech, healthcare, chemicals, food and other research-based or regulated markets. GTCR is partnering with life science industry veteran Bernd Brust to carve-out the business from Thermo Fisher and position the Cole-Palmer for future growth.
“We are excited to work with Bernd as we look to grow the Business organically and through acquisitions. The transaction highlights GTCR’s extensive experience in corporate carve-outs, and demonstrates our continued enthusiasm for investing in companies that serve the broader lab and life sciences industry.”
Founded in 1955, Cole-Parmer offers a portfolio of industry-leading proprietary brands and private-label products in niche applications to fulfill important needs in the laboratory market. The business has deep technical expertise across a range of specialty products in the field of fluid handling, test & measurement, electrochemistry and other laboratory products. Cole-Parmer sells its broad portfolio of products to a diverse, global customer base.
... to continue reading you must be subscribed
