Thermo Fisher Scientific acquires Spectronex and Flux Instruments

Thermo Fisher Scientific Inc. announced it has acquired SwissAnalytic Group AG, based in Basel, Switzerland. SwissAnalytic Group owns Spectronex AG and Flux Instruments AG, which had combined revenue of approximately $22 million USD in fiscal year 2006.

Spectronex is a leading supplier of mass spectrometry, chromatography and surface science instrumentation in Switzerland, Austria, Slovakia and the Czech Republic. As Thermo Fisher Scientific expands its field sales presence in Europe, this acquisition will bring additional direct sales, demonstration capabilities and visibility to customers in these regions.

Flux Instruments is a manufacturer of high performance liquid chromatography (HPLC) pumps and software. Flux brings new technology and design expertise to Thermo Fisher Scientific's current HPLC and LCMS business, which includes the new Thermo Scientific Accela(TM) UHPLC as well as advanced sample extraction and liquid chromatography products gained through the recent acquisition of Cohesive Technologies. Flux will enhance the company's product portfolio with complementary technologies and intellectual property for future product development.

"Flux Instruments is a strong complement to our expanding chromatography and life sciences mass spectrometry product lines," said Marijn E. Dekkers, president and chief executive officer of Thermo Fisher Scientific. "In addition, Spectronex enables Thermo Fisher to strengthen our footprint in Europe with direct sales channels and support, enhancing our ability to work closely with important customers in this area."

Source: Thermo Fisher Scientific