Summary
Thermo Fisher set a fast acquisition pace over the past few years. The recent announcements to close facilities in Dubuque, Iowa and Hudson, NH are signs that the company is now implementing moves to benefit from the proposed synergies of their strategic acquisitions.
Analysis
Thermo Fisher has made numerous acquisitions over recent years in several market segments of its business. One of the most intriguing aspects of these strategic moves was the significant profitability synergies that could result as Thermo Fisher integrated these businesses, eliminated redundancies and leveraged customer cross-selling opportunities.
Now it appears that Thermo Fisher is making actionable moves to support its growth through acquisition strategy. While the company did not provide any quantitative forecasts of its recent consolidation announcements, one could project that these moves should lead to reduced costs and higher margins.
For more information on Thermo Fisher, the life science market segment and other aspects of this high growth area, please contact your GLG representative today to schedule an individual consult.
Ken Powell consults with leading institutions through GLG
Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
