STEMMER IMAGING AG Acquired by MiddleGround Capital

STEMMER IMAGING AG, a leader in machine vision technology, has completed its acquisition by MiddleGround Capital, a U.S.-based private equity firm. Shareholders who tendered their shares will receive EUR 48.00 per share. The transaction was finalized yesterday, confirming the fulfillment of all offer conditions.

The Management and Supervisory Boards of STEMMER IMAGING had recommended the acceptance of this public takeover offer after thorough review. This strategic move led to a delay in the release of the company's Q3 report, now scheduled for November 13, 2024. STEMMER IMAGING plans to address the organizational demands resulting from this transition.

MiddleGround Capital specializes in equity investments in middle-market industrial and distribution businesses, supporting growth through operational strategies.