One of Bico's major shareholders, the German company Sartorius, continues to decrease its shareholding in the biotechnology firm. Approximately 50,000 shares have been sold, and as of January 19, Sartorius holds about 3.5 million shares, corresponding to 4.97% of the capital and 4.17% of the votes. This information is disclosed in a flagging notification.
At the end of August last year, Sartorius announced that its stake in Bico had fallen below 10% of the capital. Following that transaction, the holding amounted to 9.88%. Since then, Sartorius has continued to significantly reduce its position, and in October it became known that Sartorius also left Bico's nomination committee. In December, Sartorius dropped below 5% of the voting rights.
Sartorius AG is a Germany-based supplier of pharmaceutical and laboratory equipment. It operates in two segments: bioprocess solutions and lab products and services. The bioprocess solutions segment offers integrated solutions for biopharmaceutical manufacture, such as filters for sterilization of biopharmaceutical media, single-use bags for cell cultivation and storage of biopharmaceuticals, membrane adsorbers for purification in bioprocesses, filter technology for clarification, among others. The lab Products and Services segment provides instruments, consumables, and services for laboratories, including laboratory balances, laboratory water systems for storage of purified water, electronic pipettes, filter systems for sample preparation, and membrane filter systems for sterility testing of parenteral.
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