Thermo Fisher Scientific to Acquire Clario Holdings for $8.875 Billion
October 29, 2025
Thermo Fisher Scientific has announced an agreement to buy Clario Holdings, a provider of digital endpoint data solutions for clinical trials, for $8.875 billion in cash plus up to $400 million in earnout payments. The acquisition is expected to close by mid-2026, subject to regulatory approvals, and will expand Thermo Fisher’s digital capabilities for pharma and biotech clinical research.
- Buyers
- Thermo Fisher Scientific
- Targets
- Clario Holdings
- Sellers
- Astorg, Nordic Capital, Novo Holdings, Cinven, a shareholder group led by Astorg, Nordic Capital, Novo Holdings, and Cinven
- Industry
- Healthcare Services
- Location
- United States
- Transaction Type
- Buyout
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