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Thermo Completes Sale of Cole-Parmer to GTCR

Published: Wednesday, August 20, 2014
Last Updated: Wednesday, August 20, 2014
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Thermo Fisher Scientific Inc. announced that it has completed the sale of its Cole-Parmer customer channel business to private equity firm GTCR LLC for approximately $480 million in cash.

The business, which was part of the Laboratory Products and Services Segment, had approximately $230 million in revenues for full year 2013.

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