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Thermo Fisher Scientific to Acquire Solventum’s Purification & Filtration Business for $4.1 Billion

Thermo Fisher Scientific Inc.,  has announced a $4.1 billion acquisition of Solventum’s  Purification & Filtration business. This strategic move will significantly enhance Thermo Fisher’s bioproduction capabilities, expanding its portfolio in biologics manufacturing, medical technologies, and industrial applications.

Strengthening Thermo Fisher’s Bioproduction Capabilities

Solventum’s Purification & Filtration business is a key player in purification and filtration technologies, with a global footprint spanning the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region. In 2024, the business generated approximately $1 billion in revenue, supported by 2,500 employees worldwide.

“This acquisition is an outstanding strategic fit that will create significant value for our customers and shareholders,” said Marc N. Casper, Chairman, President, and CEO of Thermo Fisher. “Solventum’s portfolio strengthens our position in the rapidly growing bioproduction market, furthering our commitment to innovation and scientific advancement.”

Enhancing Biologics Manufacturing

Thermo Fisher is already a market leader in cell culture media and single-use technologies. The addition of Solventum’s advanced filtration solutions will broaden Thermo Fisher’s capabilities in both upstream and downstream bioprocessing, providing customers with more comprehensive solutions for biologics development.

This acquisition aligns with Thermo Fisher’s disciplined capital deployment strategy, which has consistently delivered shareholder value.

Financial Impact and Expected Synergies

Thermo Fisher projects double-digit internal rate of return (IRR), making this a highly compelling long-term investment.

What’s Next?

Once finalized, the acquisition will strengthen Thermo Fisher’s leadership in the life sciences sector, reinforcing its commitment to driving innovation in bioprocessing and purification technologies. As a result, scientists and manufacturers worldwide will gain access to enhanced filtration solutions for biologics and industrial applications.

With this acquisition, Thermo Fisher continues to position itself as the trusted partner for customers in the growing life sciences and bioproduction markets. More Information

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