Thermo Fisher Scientific expands presence in Australia and New Zealand with Biolab acquisition

Published: 6-May-2009
Media Manufacturing

Thermo Fisher Scientific has acquired Biolab, a supplier of analytical instruments, life science consumables and laboratory equipment in Australia and New Zealand for AUD$175m (


Thermo Fisher Scientific has acquired Biolab, a supplier of analytical instruments, life science consumables and laboratory equipment in Australia and New Zealand for AUD$175m (£86m). Biolab is the Scientific and Medical Division of Alesco Corporation.

"Biolab offers a broad portfolio of products and services to support Thermo Fisher's continued growth in Australia, New Zealand and South Pacific," said Marijn Dekkers, president and chief executive officer of Thermo Fisher Scientific. "This acquisition significantly strengthens our presence in these markets, and will enable us better to serve customers in both public and private sectors through an expanded range of offerings."

Biolab has annual revenues of approximately AUD$170m (£84m) and will be integrated into Thermo Fisher's Laboratory Products and Services Segment.

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