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New Deal


Announced

Completed

Armira completed the acquisition of a 40% stake in Sartorius for €2.5bn.

Financials

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Transaction Value£2,076m
Consideration TypeCash
Capital Owned-
Capital Bid For40%
EV/Sales1.7x
EV/EBITDA5.28x
Share Price Premium-
One Off Charge-

Sources

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Tags

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Domestic

Acquisition

Single Bidder

Germany

Public

Minority

laboratory equipment supplier

Completed

Medical Equipment

Friendly

Synopsis

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Armira, a holding group focused on direct investments in privately-held medium-sized "Mittelstand" businesses, completed the acquisition of a 40% stake in Sartorius, an international pharmaceutical and laboratory equipment supplier, for €2.5bn. In total, the inheritances of the community of heirs comprise 50.09% of the ordinary shares of Dax listed Sartorius Aktiengesellschaft. Unaffected by the transaction, all shares held by the community of heirs continue to be subject to the execution of the will by an executor until mid-2028. In a separate, parallel transaction, Karin Sartorius-Herbst, the eldest daughter of testator Horst Sartorius, increased her existing stake within the community of heirs.

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