MiddleGround Capital Announces Takeover of STEMMER IMAGING at EUR 48.00 Per Share

MiddleGround Capital has concluded an investment agreement with STEMMER IMAGING AG. This agreement includes a public takeover offer at EUR 48.00 per share, representing a 52% premium to the closing share price on July 19, 2024. The deal aims to support STEMMER IMAGING's long-term growth.

MiddleGround Capital has secured 69.4% of the outstanding shares through an agreement with main shareholder PRIMEPULSE. Additional shareholders holding 8.3% of shares have committed to tender their shares. The offer is subject to regulatory approvals and is expected to be completed in Q4 2024.

The Management Board of STEMMER IMAGING will remain unchanged and supports the offer after a review of the final document. The offer document will be available on the website provided by the bidder.