DGAP-Adhoc: SARTORIUS AG: Sartorius to Sell Its Industrial Technologies Division to Minebea Co., Ltd.


SARTORIUS AG  / Key word(s): Disposal

19.12.2014 19:16

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Goettingen, December 19, 2014 - Sartorius, a leading international
laboratory and pharmaceutical equipment provider, is selling its Industrial
Technologies Division (Intec) to the Japanese Minebea Co., Ltd. (Minebea)
and their partner, the Development Bank of Japan Inc. The respective
contract was signed today. The sales price will be determined as a multiple
of the Intec division's 2014 operating profit and be fixed in early 2015.
The contractual parties agreed on a 7.5 multiple on the division's 2014
operating EBITDA. The transaction is subject to customary closing
conditions, including regulatory clearance by the antitrust authorities,
and is expected to close in the first quarter of 2015.

In fiscal 2013, the Intec Division earned sales revenue of 102 million
euros and achieved an underlying EBITDA margin of 10.1%.

Conference call and webcast
Dr. Joachim Kreuzburg, CEO and Executive Board Chairman of Sartorius, will
discuss the transaction with analysts and investors on Monday, December 22,
2014, at 3:30 p.m. Central European Time (CET) in a teleconference. You may
dial into the teleconference starting at 3:20 p.m. CET at the following
numbers:

Germany: +49(0)69 2222 10640 
France: +33(0)1 76 77 22 40 
UK: +44(0)20 3427 1923 
USA: +1646 254 3387

The dial-in code is as follows: 7586730; to view the webcast, log onto: 
http://www.sartorius.de/de/konzern/investor-relations/sartorius-ag/

This press release contains statements about the future development of the
Sartorius Group. The content of these statements cannot be guaranteed as
they are based on assumptions and estimates that harbor certain risks and
uncertainties. This is a translation of the original German-language press
release. Sartorius shall not assume any liability for the correctness of
this translation. The original German press release is the legally binding
version. Furthermore, Sartorius reserves the right not to be responsible
for the topicality, correctness, completeness or quality of the information
provided. Liability claims regarding damage caused by the use of any
information provided, including any kind of information which is incomplete
or incorrect, will therefore be rejected.

Contact 
Petra Kirchhoff | Vice President of Corporate Communications 
+49 (0)551.308.1686 | petra.kirchhoff@sartorius.com


19.12.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      SARTORIUS AG
              Weender Landstraße 94 - 108  
              37075 Göttingen
              Germany
Phone:        +49.(0)551-308.0
Fax:          +49.(0)551-308.3289
E-mail:       info@sartorius.com
Internet:     www.sartorius.com
ISIN:         DE0007165607, DE0007165631
WKN:          716560  , 716563  
Listed:       Regulierter Markt in Frankfurt (Prime Standard), Hannover;
              Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
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