Thermo Fisher Scientific sells microbiology business for $1B to European private equity firm

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Thermo Fisher Scientific has announced the sale of its microbiology business to the European private equity firm Astorg for $1.075 billion. The unit, which generated $645 million in revenue in 2025, provides antimicrobial susceptibility testing and culture media solutions. This move will make the microbiology business an independent entity, with Astorg aiming to accelerate its growth and enhance operational performance.

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