# Busch group to launch tender offer for Pfeiffer Vacuum for €949 million

Busch SE announced a voluntary public tender offer for all outstanding shares of Pfeiffer Vacuum Technology AG at €96.20 per share, valuing the company at approximately €949 million. Busch group currently holds 27.19% and aims to exceed the 30% control threshold.

- Type: Acquisition
- Announced: 2017-01-25
- Where: Germany
- Value: $1.02B (949.0M EUR)
- Status: announced
- Products: vacuum pumps, vacuum technology
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Pfeiffer Vacuum Technology](https://endata.com/companies/1864.md) (target)
- [Busch](https://endata.com/companies/3596.md) (acquirer)
- [Pangea GmbH](https://endata.com/companies/21697.md) (investor)

## Sources

- [yumda.com](https://www.yumda.com/en/news/1150319/busch-group-to-launch-voluntary-public-tender-offer-for-pfeiffer-vacuum-technology-ag.html), 2017-01-25: "By increasing our stake, our aim is to benefit even better from these opportunities."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.