- February 28, 2014
- Endress+Hauser, Inc.
- News
Summary
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Endress+Hauser acquired additional shares in German-based Analytik Jena AG and now owns 50.37 percent of the shares.
February 28, 2014 - Endress+Hauser acquired additional shares in Analytik Jena, increasing the total directly attributed to 50.37 percent. Another 0.41 percent of shares are indirectly attributed to Endress+Hauser. According to an option contract with company founder Klaus Berka and German investment company bm-t, Endress+Hauser has the right to acquire an additional 27.56 percent of shares in Analytik Jena after 1 October 2014.
“We plan to acquire more shares in future. Our aim is to take over Analytik Jena completely,” stated Dr Heiner Zehntner, Endress+Hauser’s Corporate Legal Counsel. Under the banner of the Endress+Hauser Group, specialized in measurement engineering for process industry, Analytik Jena will remain an independent business unit, active in analytical instrumentation and the life science industry, with its own manufacturing and sales structure. The Endress+Hauser Group Endress+Hauser is a global leader in measurement instrumentation, services and solutions for industrial process engineering. The Group employs approximately 12,000 personnel across the globe, generating net sales of 1.8 billion euros in 2013.
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