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

Synopsis

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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