March 5, 2010
Thermo Fisher Scientific Buys Woburn's Finnzymes
By Brandon Butler
Waltham-based Thermo Fisher Scientific, which has offices in Central Massachusetts, has completed its acquisition of Woburn-based Finnzymes Inc.
Finnzymes, which makes tools for scientific experimentation, will join Thermo Fisher's analytical technologies department. According to Thermo Fisher, Finnzymes generated revenues of about $20 million in 2009.
Finnzymes is headquartered in Finland, but has U.S. offices in Woburn.
Thermo Fisher, with revenues of more than $10 billion, develops products and equipment for pharmaceutical and biotechnology companies.
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