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Thermo Fisher sells Athena Diagnostics to Quest for $740mm

Executive Summary

Thermo Fisher Scientific Inc. is divesting its esoteric and genetic testing division Athena Diagnostics Inc. to Quest Diagnostics Inc. for $740mm. Thermo has concurrently sold another subsidiary--Lancaster Laboratories--to Eurofins Scientific for $200mm.
Deal Industry
  • In Vitro Diagnostics
  • Services
  • Laboratory Testing Services
    • Esoteric Laboratories
  • In Vitro Diagnostics
    • Chemistry, Immunoassay
    • Molecular Diagnostics & Genetic Testing
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Payment Includes Cash

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