Laboratory products provider Thermo Electron has purchased equipment asset management services provider US Counseling Services (USCS) of Brookfield, WI, for $77.9 million in cash, subject to a post-closing adjustment.
The net purchase price was $74.7 million, after adjusting for $3.2 million in cash held by USCS. The deal adds asset management skills to Thermo Electron's portfolio, furthering its strategy of becoming a comprehensive service provider to scientific laboratories, according to the Waltham, MA-based firm.
By AuntMinnie.com staff writersApril 21, 2004
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