Masterflex SE (ISIN:DE0005492938) announced a change in its shareholder structure, enhancing the stability of its ownership base. BBC GmbH, the investment company of CEO Dr. Andreas Bastin and CFO Mark Becks, sold its entire stake of 644,950 shares, representing 6.61% of the company’s share capital, to J.F. Muller & Sohn Aktien-Gesellschaft, Hamburg. The purchase price was EUR 14.00 per share, based on the 100-day average share price. As a result, J.F. Muller & Sohn increases its stake in Masterflex SE to 29.37%, reinforcing its role as a long-term oriented anchor shareholder.
The transaction is expected to bring greater stability to Masterflex's shareholder structure without altering the company's strategic direction or management continuity. Both Dr. Bastin and Mr. Becks will remain on the Management Board, continuing to drive the company's development with unchanged commitment. Additionally, they will participate in an earn-out arrangement linked to the transaction, ensuring their continued alignment with the company's long-term value creation.
Dr. Andreas Bastin, CEO, commented: "Our investment in Masterflex, made around 15 years ago, has always reflected our confidence in the Company’s potential. However, from a personal wealth management perspective, a more balanced diversification became appropriate. This sale allows us to achieve that balance without changing our commitment to Masterflex. As long as we assume responsibility on the Management Board, we will develop the Company with the same passion and long-term perspective."
Raphael Sohngen, Management Board member of J.F. Muller & Sohn, added: "We have accompanied Masterflex’s development for many years and are fully convinced of its strategic direction and future prospects. By increasing our stake, we express our confidence in the Management Board and the Company’s long-term development. We look forward to continuing to support this successful path as a reliable anchor shareholder."
The Masterflex Group specializes in advanced connection and hose systems, with 14 operating units across Europe, America, and Asia. Growth drivers include internationalization, innovation, operational excellence, and digitalization. Masterflex shares have been listed in the Prime Standard of the German Stock Exchange since 2000.
