OpenGate Capital Buys Unit From Thermo Fisher Scientific

Los Angeles based private investment firm OpenGate Capital said this morning that it has acquired the Laboratory Workstations business of Thermo Fisher Scientific. Financial details of the buy were not disclosed. The Thermo Fisher Scientific unit is a designer, manufacturer and installer of laboratory furniture, fume hoods and epoxy resin tops. The business has approximately 1800 employees, and generated $175M in annual reveues.