Endress+Hauser Closer to Completing Analytik Jena Buy Out
Endress+Hauser announced its intention to acquire instrument maker Analytik Jena in September 2013, at which time it owned 47% of the company. Analytik Jena delisted from the Frankfurt stock exchange in March.
Jena, Germany 8/7/15—Measurement firm Endress+Hauser has announced that following a voluntary tender offer beginning July 9, it has acquired 95% of Analytik Jena (see IBO 9/30/13) at a price of €14 ($15 = €0.91 = $1) per share, as previously planned. “Our aim is still the complete takeover of Analytik Jena,” stated Dr. Heiner Zehntner, legal counsel and member of Endress+Hauser’s Executive Board and Analytik Jena’s Supervisory Board. Endress+Hauser plans to begin a “squeeze out” of remaining shareholders.

