Life Sciences, deals, Biotech

Thermo Buys U.K. Company

Ryan McBride 11/12/08

Thermo Fisher Scientific (NYSE:TMO), a Waltham, MA-based provider of scientific research tools and materials, has acquired histology and anatomical pathology lab products maker Raymond A. Lamb, of Eastbourne, U.K., according to a company statement. Thermo Fisher, which did not disclose financial terms of the buyout, reports that Raymond had 2007 revenues of $9 million and will be integrated into its analytical technologies unit.

Ryan McBride is Xconomy's correspondent. You can reach him at rmcbride@xconomy.com.