Masterflex SE (ISIN:DE0005492938) announced a change in its shareholder structure, with BBC GmbH, the investment company of CEOs Dr. Andreas Bastin and Mark Becks, selling its entire stake of 644,950 shares (6.61% of share capital) to J.F. Muller & Sohn Aktien-Gesellschaft, Hamburg, at EUR 14.00 per share. This transaction increases J.F. Muller & Sohn's stake to 29.37%, strengthening its role as a long-term anchor shareholder.
The sale enhances shareholder base stability, with no changes to strategic direction or management continuity. Dr. Bastin and Becks will continue to lead the company, and an earn-out arrangement ensures they remain incentivized by Masterflex's future value development. Dr. Bastin noted that the sale was driven by personal wealth diversification needs after 15 years of investment, but emphasized unchanged commitment to the company's growth.
Raphael Sohngen of J.F. Muller & Sohn expressed confidence in Masterflex's strategy and management, highlighting the company's transformation into a market leader in hose and connection technology. The increased stake signals long-term support for Masterflex's growth trajectory.
Masterflex SE specializes in sophisticated connection and hose systems, with 14 operating units globally. The company is listed in the Prime Standard of the German Stock Exchange since 2000. For more details, view the original release at www.newmediawire.com.
