Deal covers the analytical technologies and environment instrumentation segments.
Thermo Fisher Scientific purchased the analytical technologies and environment instrumentation divisions of Chemito Technologies. The company, based in Mumbai, supplies analytical instruments for life science and environmental monitoring applications. In addition, Chemito manufactures its own analytical instruments including gas chromatography, atomic absorption, and UV-Vis spectroscopy.
“The strong reputation Chemito has developed through its extensive sales network, now complemented by Thermo Fisher’s breadth of scientific and environmental instrumentation, extends the services we can provide to our customers throughout India,” comments Marijn E. Dekkers, president and CEO of Thermo Fisher Scientific. “In addition, Chemito gives us manufacturing capabilities in India for analytical instrumentation, which, combined with our overall product portfolio, will allow us to create tailored workflow solutions for our customers in the region.”
Chemito’s analytical technologies and environment instrumentation segments have annual revenues of approximately $10 million, according to Thermo Fisher Scientific. These franchises will become a part of Thermo Fisher’s analytical technologies section.
