on STEMMER IMAGING AG
STEMMER IMAGING AG Acquired by MiddleGround Capital
STEMMER IMAGING AG, a leader in machine vision technology, has completed its acquisition by MiddleGround Capital, a U.S.-based private equity firm. Shareholders who tendered their shares will receive EUR 48.00 per share. The transaction was finalized yesterday, confirming the fulfillment of all offer conditions.
The Management and Supervisory Boards of STEMMER IMAGING had recommended the acceptance of this public takeover offer after thorough review. This strategic move led to a delay in the release of the company's Q3 report, now scheduled for November 13, 2024. STEMMER IMAGING plans to address the organizational demands resulting from this transition.
MiddleGround Capital specializes in equity investments in middle-market industrial and distribution businesses, supporting growth through operational strategies.
R. P.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all STEMMER IMAGING AG news