Cole-Parmer

Cole-Parmer Instrument Company, LLC.
TypeLLC
IndustryLaboratory instrumentation, equipment and supplies, Biopharma, Environmental, Fluid Handling, Academia & Research
Founded1955
HeadquartersVernon Hills, Illinois
Key peopleHermes González-Bello (CEO)
Ashish Nanda (President & GM)
Products
Websitecoleparmer.com

Cole-Parmer Instrument Company, is a Company founded in 1955. The company serves professionals in biopharma, environmental and life sciences.

History

The company was founded by Jerry Cole and John Parmer in 1955 and took up shop in a 1,200-square-foot (110 m2) loft on West Illinois Street in downtown Chicago. In the 1960s, Cole-Parmer acquired Masterflex peristaltic pumps, followed shortly by the purchases of Gilmont Instruments and Manostat Pumps.

They were acquired by Fisher Scientific, now Thermo-Fisher Scientific, in 2001.[citation needed]

On July 17, 2014, Thermo Fisher Scientific Inc. agreed to sell one of its lab units, Cole-Parmer, to private-equity firm GTCR for $480 million in cash. The company has previously said its $13.6 billion acquisition of Life Technologies Corp. would allow it to cut costs while gaining from next-generation genetic-sequencing machines. It has also sought to expand in Asia-Pacific markets.

In 2025, Cole-Parmer was sold to Brookfield Asset Management Ltd.'s private equity group and Caisse de dépôt et placement du Québec for a reported 1.4 billion dollars (USD).[citation needed]

Product offering

Cole-Parmer offers a variety of lab products. Many of their products are related to research and process. Cole-Parmer also offers calibration and instrument repairs through InnoCal.

References

  1. ↑ "Home". Antylia Scientific. Retrieved 2021-07-27.
  2. ↑ "Cole-Parmer History from Cole-Parmer". www.coleparmer.com.
  3. ↑ "GTCR Announces Acquisition of Cole-Parmer Instrument Company". GTCR. 2014-07-17. Retrieved 2021-07-23.
  4. ↑ "Thermo Fisher to Sell Cole-Parmer Unit for $480 Million". WSJ. July 17, 2014. Archived from the original on 2015-03-06. Retrieved 2019-10-03.
  5. ↑ "Cole-Parmer Mission Statement from Cole-Parmer". www.coleparmer.com.