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Thermo Fisher sells microbiology biz to Astorg for $1.075 B
Thermo Fisher Scientific has agreed to sell its microbiology business to Astorg, a pan-European private equity firm, for approximately $1.075 billion. The microbiology business, which generated $645 million in revenue in 2025, offers antimicrobial susceptibility testing and culture media solutions. This sale is expected to close in the second half of 2026 and reflects Thermo Fisher’s strategy to deploy capital to create shareholder value.