Endress+Hauser has completed the takeover of German analytical instrumentation provider Analytik Jena. The remaining minority shares of Analytik Jena were transferred to Endress+Hauser on 30 March, following the entry of the transfer resolution in the commercial registry that was previously adopted at the extraordinary general meeting in February. The process will now be finalised with the agreed-upon cash payout to the minority shareholders.
In the run up to the takeover, as majority shareholder, Endress+Hauser owned all but 3,4 percent of the Analytik Jena shares. The demand for the remaining shares was delivered to Analytik Jena in September 2015. This set the final part of the takeover process in motion, during which an independent appraiser fixed the value of the company at €13,68 per share.
Endress+Hauser gained control of publicly-traded Analytik Jena AG in 2013, most recently holding 96,6 percent of the shares. The goal of the acquisition is eventually to be at the side of both companies’ customers from the laboratory to the process, giving support from product development to production. Analytik Jena employs nearly 1000 staff worldwide in its core businesses analytical instrumentation and life sciences.
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