Thermo Fisher Scientific makes an acquisition

Thermo Fisher Scientific Inc., a $10 billion Waltham company that provides products and services to the life sciences industry, said today that it has acquired Raymond A. Lamb Ltd., a small British manufacturer of histology and anatomical pathology products.

In a press release, Thermo Fisher Scientific did not offer financial details of the transaction, but noted that Raymond A. Lamb had revenues of about $9 million in 2007; plans call for Raymond A. Lamb to be integrated into Thermo Fisher's Analytical Technologies segment.

Raymond A. Lamb's recent focus has been on "systems that automate the labeling and tracking of slides and cassettes that carry patient tissue samples, reducing the possibility of errors during their processing, storage, and retrieval," Thermo Fisher Scientific said in its press release.

"Our anatomical pathology customers - in both clinical and research markets - are demanding better solutions for tracking the increasing number of samples that they need to process and diagnose," Marijn E. Dekkers, president and chief executive of Thermo Fisher Scientific, said in a statement. "This acquisition brings new-generation systems that can be integrated with our existing portfolio of anatomical pathology equipment and consumables to create a more efficient and reliable work flow."
(By Chris Reidy, Globe staff)