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Astorg Makes Billion-Dollar Bet on Microbiology Testing

Sale of Thermo Fisher’s microbiology line reflects broader trend of prioritizing high-growth tests

Thermo Fisher Scientific has agreed to sell its microbiology business to European private equity firm Astorg in a deal valued at $1.075 billion. The transaction, announced in April, includes $1.025 billion in cash and a $50 million seller note. It is expected to close in the second half of 2026, pending regulatory approvals. The divestiture […]

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