Thermo Expands Supply Chain–Services Business
Jeff Jochims, president of Thermo’s Research and Safety Market Channel, told IBO: “With the addition of chemical supply chain capabilities to our existing production offering, we now cover the entire value chain, from research and development through pilot and into production.” Headquartered in Durham, North Carolina, Doe & Ingalls Management has approximately 90 employees, according to the Triangle Business Journal.
Waltham, MA 5/1/12; New York, NY 5/1/12—Thermo Fisher Scientific has acquired Doe & Ingalls Management for $175 million from Pouschine Cook, Anchor Capital Partners and management. Doe & Ingalls Management provides specialty production chemicals and customized supply chain services to the life sciences and microelectronics industries, including services for the management of risk, quality and total cost in the chemical supply chain for production activities. In 2011, the company had revenues of $110 million. “Doe & Ingalls will strengthen our value proposition by adding products and services that address the production market within our extensive customer base, which we have historically served primarily from a research perspective,” stated Thermo Fisher Scientific President and CEO Marc N. Casper. The company will join Thermo Fisher Scientific’s Customer Channels business, which is part of its Laboratory Products and Services Segment.
