Cole-Parmer
Medical and environmental products company
From Wikipedia, the free encyclopedia
Cole-Parmer Instrument Company, is a Company founded in 1955. The company serves professionals in biopharma, environmental and life sciences.[1]
Company type | LLC |
|---|---|
| Industry | Laboratory instrumentation, equipment and supplies, Biopharma, Environmental, Fluid Handling, Academia & Research |
| Founded | 1955 |
| Headquarters | Vernon Hills, Illinois |
Key people | Hermes González-Bello (CEO) Ashish Nanda (President & GM) |
| Products |
|
| Website | coleparmer |
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.[2] 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[3] 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.[4]
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.[5] Cole-Parmer also offers calibration and instrument repairs through InnoCal.