MiddleGround Capital Secures Majority Stake in STEMMER IMAGING AG

MiddleGround Capital, through its holding company Ventrifossa BidCo AG, has acquired 83.54% of shares in STEMMER IMAGING AG. The acquisition was achieved via a voluntary public takeover offer. A purchase agreement with STEMMER's majority stakeholder, PRIMEPULSE SE, was significant in facilitating this transaction.

MiddleGround Capital had initially secured 10% of the shares through the offer. The takeover's additional acceptance period concluded on October 18, 2024, allowing for a strategic consolidation of shares. Key regulatory clearances have been obtained, with the settlement expected by November 5, 2024.

The acquisition is governed exclusively by German law, and potential investors are advised to review the offer document for further details.