Sartorius Moves Up to the TecDAX
June 06 2012 - 4:32AM
Business Wire
Sartorius AG (FWB:SRT), a leading international laboratory and
pharmaceutical equipment provider, will be admitted to the TecDAX
technology index. This was announced yesterday on Tuesday evening
by the German stock exchange organization, Deutsche B�rse Group.
Thus, the Sartorius preference share will be traded as of June 18,
2012, in the German index of technology stocks.
The TecDAX is the leading index of the 30 largest and most
liquid German technology stocks, and ranks just under the DAX, the
blue-chip German Stock Index. Criteria for admission to the TecDAX
are free-float market capitalization at the time the shares are
reviewed and stock exchange turnover of the past 12 months.
Dr. Joachim Kreuzburg, CEO and Executive Board Chairman of
Sartorius, welcomed the decision of Deutsche B�rse. “By moving up
to the TecDAX, our company and our shares will gain additional
attention and become even more attractive. I am confident that in
the future as well, we will continue to drive our positive business
performance that has contributed to our inclusion in this
index.”
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.
A Profile of Sartorius
The Sartorius Group is a leading international laboratory and
process technology provider covering the segments of Bioprocess
Solutions, Lab Products & Services and Industrial Weighing. In
2011, the technology group earned sales revenue of 733.1 million
euros. Founded in 1870, the Goettingen-based company currently
employs more than 5,000 persons. The major areas of activity of its
Bioprocess Solutions segment cover filtration, fluid management,
fermentation, cell cultivation and purification, and focus on
production processes in the biopharmaceutical industry. The Lab
Products & Services segment primarily manufactures laboratory
instruments and consumables. Industrial Weighing concentrates on
weighing, monitoring and control applications in the manufacturing
processes of the food, chemical and pharma sectors. Sartorius has
its own production facilities in Europe, Asia and America as well
as sales subsidiaries and local commercial agencies in more than
110 countries.
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