Deal Snapshot
THERMO FISHER SCIENTIFIC, ROPER TECHNOLOGIES TERMINATE GATAN ACQUISITION
Tuesday 11 June 2019

Massachusetts, US-based life science company Thermo Fisher Scientific Inc.'s (NYSE: TMO) and recently-acquired Roper Technologies (NYSE: ROP) have mutually terminated the agreement under which Thermo Fisher would have acquired Roper's Gatan, Inc., subsidiary, the companies said.
Both companies have agreed to withdraw from the proposed transaction due to challenges in obtaining regulatory approval in the United Kingdom. The companies noted that an existing long-term supply agreement, under which Gatan supplies filter systems, cameras and software to Thermo Fisher's electron microscopy business, remains intact.


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Details
Date Published: 11/06/2019
Target: Gatan
Country: USA
Deal Size: 925m (USD)
Sector: Machinery/Engineering
Type: Corporate acquisition
Financing: Cash
Status: Terminated
Vendor:
Buyer: Thermo Fisher Scientific
Comment:


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