Endress+Hauser Completes Takeover Of Analytik Jena

Remaining minority shareholders receive cash compensation

Swiss measurement and automation engineering specialist Endress+Hauser has completed the takeover of German analytical instrumentation provider Analytik Jena. The remaining minority shares of Analytik Jena were legally transferred to Endress+Hauser on 30 March 2016 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 finalized with the agreed-upon cash payout to the minority shareholders.

In the run up to the completed 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 euros 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 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.

The Endress+Hauser Group
Endress+Hauser is a global leader in measurement instrumentation, services and solutions for industrial process engineering. The Group employs 13,000 personnel across the globe, generating net sales of more than 2.1 billion euros in 2015.

Structure
With dedicated sales centers and a strong network of partners, Endress+Hauser guarantees competent worldwide support. Our production centers in 12 countries meet customers’ needs and requirements quickly and effectively. The Group is managed and coordinated by a holding company in Reinach, Switzerland. As a successful family-owned business, Endress+Hauser is set for continued independence and self-reliance.

Products
Endress+Hauser provides sensors, instruments, systems and services for level, flow, pressure and temperature measurement as well as analytics and data acquisition. The company supports customers with automation engineering, logistics and IT services and solutions. Our products set standards in quality and technology.

Industries
We work closely with the chemical, petrochemical, food & beverage, oil & gas, water & wastewater, power & energy, life science, primaries & metal, renewable energies, pulp & paper and shipbuilding industries. Endress+Hauser supports its customers in optimizing their processes in terms of reliability, safety, economic efficiency and environmental impact.

History
Founded in 1953 by Georg H Endress and Ludwig Hauser, Endress+Hauser has been solely owned by the Endress family since 1975. The Group has developed from a specialist in level measurement to a provider of complete solutions for industrial measuring technology and automation, with constant expansion into new territories and markets. For more information, visit www.endress.com.