Endress+Hauser completes takeover of Analytik Jena
April 4, 2016 by Manufacturing AUTOMATION
The remaining minority shares of Analytik Jena were legally transferred to Endress+Hauser on March 30, following the entry of the transfer resolution in the commercial registry that was previously adopted at the general meeting in February. The process will now be finalized with the agreed-upon cash payout to the minority shareholders.
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 to eventually be at the side of both companies’ customers from the lab to the process, giving support from product development to production. Analytik Jena employs nearly 1,000 staff worldwide in its core businesses analytical instrumentation and life sciences.