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Sartorius AG Otto-Brenner-Str. 20 37079 Göttingen, Germany http://www.sartorius.de
Contact Ms Petra Kirchhoff +49 551 3081686
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Sartorius AG

Sartorius Stedim Biotech Announces Offer To Acquire UK Company TAP Biosystems Group Plc

Sartorius Stedim Biotech to further expand its portfolio of single-use fermentors

(PresseBox) (Aubagne, France, )
Sartorius Stedim Biotech, a leading global supplier for the pharmaceutical and biotech industries, today made a cash offer to acquire the UK company TAP Biosystems Group plc (TAP Biosystems) through its wholly owned subsidiary Sartorius Stedim Biotech GmbH. The proposed transaction, which is subject to customary closing conditions, including the approval of TAP's shareholders, values the equity of TAP Biosystems at approximately €33 million. The transaction has been unanimously approved by the boards of directors of both companies and is expected to close at the end of 2013.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.