Sartorius (company)

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Sartorius AG

logo
legal form Corporation
ISIN DE0007165607 (St.), DE0007165631 (Vz.)
founding 1870
Seat Goettingen , GermanyGermanyGermany 
management
Number of employees 9,016
sales 1.827 billion euros
Branch Bioprocess technology, laboratory technology
Website www.sartorius.com
As of January 28, 2020

The Sartorius AG is a listed pharmaceutical and laboratory suppliers based in Goettingen. The technology group achieved sales of EUR 1.827 billion in 2019. In terms of value added, Sartorius is among the 15 largest companies in Lower Saxony. The company, founded in 1870, employs over 9,000 people.

Company profile

The company is divided into the two divisions Bioprocess Solutions and Lab Products & Services . Bioprocess Solutions comprises the focus areas of filtration , fluid management, fermentation and purification and focuses on the production processes of the biopharmaceutical industry. Lab Products & Services produces laboratory instruments and consumables in particular. Sartorius has its own production facilities in Europe, Asia and America, as well as sales offices and commercial agencies in more than 110 countries. The Sartorius preferred share has been traded in the German technology index TecDAX since June 18, 2012 and also in the MDAX since September 24, 2018 .

The Management Board of Sartorius AG consists of four members. The CEO, Joachim Kreuzburg, is responsible for corporate strategy, human resources management, legal affairs & compliance and communications. He is also Chairman of the Board of Directors and CEO of the Sartorius Stedim Biotech subgroup . Rainer Lehmann is Chief Financial Officer (CFO) and heads the Finance, Information Technology and Business Processes departments. Since January 1, 2019, René Fáber as head of the Bioprocess Solutions division and Gerry Mackay as head of the Lab Products & Services division have been on the Executive Board.

Shareholder structure

Share
(in percent)
Shareholders
50.00 Community of heirs according to Horst Sartorius
(consisting of Karin Sartorius-Herbst, Christine Franken and Ulrike Baro),
represented by the executor and will be administered in trust until 2028
34.00 Bio-Rad Laboratories , USA
9.00 own shares
5.00 Family property (Sartorius family)
2.00 Free float

Around 91% of the preference shares are in free float; around 9% are held by the company itself

history

Sartorius-Werke AG shares for RM 200 from July 1941

The company's history began on July 1, 1870 with the opening of the F. Sartorius precision engineering workshop in Göttingen on Groner Strasse by Florenz Sartorius (1846–1925), who had received his training from the Göttingen university mechanic Apel. The company's rapid success was primarily based on a newly designed short-arm analytical balance using the then new light metal aluminum . The analytical balance was also sold abroad. Weighing technology is still an important pillar of the group today.

Gravesite of the Sartorius family in the Göttingen city cemetery; Florence (1846–1925), Wilhelm (1872–1937) and Erich Sartorius (1876–1947) are buried here

The operation was relocated to Rauschenwasser near Bovenden , north of Göttingen, to use hydropower . In 1895 the 3,000th scale was manufactured and the company already employed over 60 people. After the Göttingen power station went into operation in 1899, the company was relocated again to the northern outskirts of Göttingen in Weender Landstrasse. In 1906, the founder took his three sons Wilhelm (1872–1937), Erich (1876–1947) and Julius (1878–1918) into the company as partners. In 1911 the company celebrated the construction of the 10,000th analytical balance. In 1914 it was converted into a stock corporation . During the First World War and military equipment were made, but the foreign business broke away, the company concentrated after the war on the proven business with the weighing equipment. But it wasn't until the 1930s that the pre-war production figures were reached.

In the meantime, the industrial production of membrane filters began in 1927 under the company name Membranfiltergesellschaft mbH , based on research work by the Göttingen chemists Richard Zsigmondy ( Nobel Prize for Chemistry 1925) and Wilhelm Bachmann . Today's bioprocess division, in which the production of filters continues to have a strong position, is based on these beginnings.

After the death of Wilhelm Sartorius in 1937, Erich Sartorius took over the management of the company. He had already become a member of the NSDAP on May 1, 1933 ( membership number 3.124.680) and acted as block leader of a Göttingen local branch of the party. During the Second World War , Sartorius profited from the extensive conversion to the armaments industry. In a specially built factory, drop weapons and accessories for the air force were produced. Numerous forced laborers were used until the end of the war.

Erich Sartorius died in 1947. He worked in a management position for Sartorius for 41 years. His son, Horst Sartorius, took over the management of the company in a time marked by the reconstruction after the Second World War. A year later, on the recommendation of Otto Hahn, chemist and Nobel Prize laureate in 1944 and President of the Max Planck Society in Göttingen, Sartorius began manufacturing plain bearings. Sartorius also continued to rely on its well-known products and manufactured the analytical balance with the number 100,000 in 1958.

At the beginning of the 1960s, Sartorius used the first machine for the automatic production of synthetic membrane filters. In the course of global expansion, companies and sales offices were increasingly founded abroad. In 1969 the first plate and frame crossflow ultrafiltration system for larger volumes was introduced. This technology opened up new possibilities in the field of molecular biology and the separation of the smallest harmful molecules such as viruses from pharmaceutical products. In 1970 Sartorius constructed the first electronic precision and analytical balances. The resulting order boom led to the establishment of numerous subsidiaries abroad.

In 1971 the first nanogram balance from Sartorius set the world record for the most precise weighing. It was used to weigh moon rocks that astronaut Neil Armstrong had brought back from his expedition. In 1976 Sartorius introduced the first autoclavable, testable filter cartridge with a pleated membrane filter.

In 1982 the first electronic precision balance in an explosion-proof design was presented. 1983 saw the introduction of the first automatic device for testing the integrity of membrane filter systems. In 1988 the company manufactured the first electronic top-pan microbalance. In 1989 the first large-area filter cartridge with targeted step filtration (jumbo cartridge) was finally presented.

In 1990 Sartorius AG went public .

By using monolithic weighing system technology in semi-micro and analytical scales, Sartorius achieved a significant increase in quality from 1994 onwards. The monolith replaced a complicated weighing system made up of up to 150 different parts. The mechatronic system was the basis for many subsequent generations of scales.

After a successful capital increase in 1998, Sartorius took over three companies a year later, including the Denver Instrument Company (laboratory scales and measurement technology), thereby expanding its product portfolio.

In 2001, a new plant went into operation in the Grone industrial area on the north-western outskirts of Göttingen. In the same year the company received the German Business Innovation Prize for a high-tech analytical balance.

In 2004 the warehouse and logistics area was spun off. The joint venture Distribo was created with the participation of the Göttingen forwarding and logistics company Friedrich Zufall GmbH & Co. KG Sartorius.

In 2007 Sartorius inaugurated new plants in Beijing and at the headquarters in Göttingen .

In addition to a new plant in Arvada , USA, Sartorius opened the Sartorius India Campus in Bangalore in 2009 .

In 2011, the legal group structure was further developed into a holding company: the Annual General Meeting resolved to operate the operational mechatronics business at the time, which had previously been operated by Sartorius AG, in a separate company below the holding level.

From January 2012, Sartorius conducted its operative business in the three divisions Bioprocess Solutions, Lab Products & Services and Industrial Weighing. In the same year, Sartorius was included in the German technology index TecDax.

Sartorius inaugurated a new membrane building at its headquarters in Göttingen, the company also expanded its filter plant in Yauco, Puerto Rico, and opened a new plant for the production of bioreactors in Guxhagen .

In 2013 a new production building for the injection molding of plastic parts was opened in Göttingen. In the same year, the Sartorius Group's new Asia sales center was inaugurated in Shanghai, from which all sales and marketing activities for China and the entire Asia region are managed.

In 2014, Sartorius and its partner Zufall Logistics opened the new logistics center on the Siekanger in Göttingen. From here, the worldwide dispatch of laboratory and process technology products as well as the production supply to all Sartorius locations in Göttingen take place. Sartorius also inaugurated a new application center in Shanghai with laboratories and systems for product tests, demos and training.

Acquisitions (since 2000)

A precision balance from Sartorius

In 2000, Sartorius took over the B. Braun Biotech International (BBI) division from B. Braun Melsungen , a manufacturer of fermenters ( bioreactors ) and cell culture systems. This resulted in Sartorius Stedim Systems GmbH (formerly Sartorius BBI Systems GmbH ) as a subsidiary of Sartorius Stedim Biotech GmbH . Sartorius AG acquired the remaining shares in Vivascience and has been the sole owner since then.

In 2005, Sartorius took over 100% of the shares in Omnimark Instrument Corporation , Arizona, USA (moisture meters ).

In 2007, Sartorius merged its biotechnology division with the French biotech company Stedim SA in order to become the world's leading technology provider for the biopharmaceutical industry with the combined company Sartorius Stedim Biotech . The new company is listed on the Paris Stock Exchange. Sartorius took over Toha Plast GmbH , which now operates under the name Sartorius Stedim Plastics .

Sartorius acquired the Swiss company Wave Biotech AG , a provider of disposable fermenters , through its subgroup Sartorius Stedim Biotech .

In 2011, Sartorius acquired the liquid handling business of the Finnish laboratory specialist Biohit . The group thus expanded its product portfolio in the field of laboratory instruments. In 2012, Sartorius expanded its bioprocess portfolio to include cell culture media and signed a long-term cooperation agreement with the Swiss life science company Lonza Group . Sartorius acquired the British company TAP Biosystems Group plc in 2013 through its subgroup Sartorius Stedim Biotech ; the bioprocess portfolio in the fermentation area was expanded. In 2014, Sartorius acquired a majority stake in the US start-up AllPure Technologies LLC through its Sartorius Stedim Biotech subgroup as a supplement to the disposable portfolio for the biopharmaceutical industry.

In December 2014, Sartorius sold the Industrial Technologies division , a specialist in industrial weighing and control technology, to the Japanese company Minebea . Sartorius is thus concentrating on the core businesses of bioprocess and laboratory. The operational structure of the group thus comprises the two divisions Bioprocess Solutions and Lab Products & Services .

In April 2015, Sartorius acquired the Scottish company BioOutsource Ltd. through its subgroup Sartorius Stedim Biotech (SSB) . and thus expanded its range to include bioanalytical test services.

In July 2015, Sartorius acquired through its subgroup Sartorius Stedim Biotech (SSB) , the Cellca GmbH and expands its services in the field of process development.

In 2017, Sartorius acquired MKS Instruments AB (Umetrics). In addition, Sartorius successfully completed the acquisition of the US company Essen BioScience Inc. agreed on March 3, 2017 after receiving approval from the antitrust authorities.

Web links

Commons : Sartorius AG  - collection of images, videos and audio files

Individual evidence

  1. a b c Sartorius once again achieved a significant increase in sales and earnings in 2019 and wants to continue growing. Retrieved January 28, 2020 .
  2. https://www.nordlb.de/fileadmin/redaktion/analysen_prognosen/regionalanalysen/niedersachsen/2019/Die_100_groessten_Unternehmen_in_Niedersachsen_2018.pdf
  3. a b Sartorius will be included in the TecDAX June 6, 2012,
  4. Changes in the indices ( English , PDF) Deutsche Börse . September 5, 2018. Archived from the original on September 6, 2018. Retrieved September 5, 2018.
  5. Press release: Sartorius Supervisory Board appoints two new board members
  6. https://www.sartorius.de/sartoriusDE/de/EUR/company/investor-relations/sartorius-ag/shares/shareholder-structure
  7. Sartorius Chronicle 1870 to 2005 (PDF) pp. 23–25.
  8. ^ Otto Berendsen: The mechanical workshops of the city of Göttingen. Its history and its present establishment. Memorandum published on the occasion of the World Exhibition in Paris in 1900 by the United Mechanics of Göttingen, Melle in Hanover: Verlag FE Haag, 1900.
  9. ^ Sartorius company history 1870–1930. at sartorius.de.
  10. Sartorius Chronicle 1870 to 2005 (PDF) pp. 47–55, on sartorius.de.
  11. a b c Sartorius company history 1931–1970. at sartorius.de.
  12. Grieger, Manfred: Sartorius in National Socialism: Generational Change in Family Business between the Great Depression and Denazification. Wallstein Verlag, Göttingen 2019, ISBN 978-3-8353-4378-8 ( google.de [accessed on May 22, 2020]).
  13. ^ Zimmermann, Volker: Suffering prevents forgetting: Forced laborers in Göttingen and their medical care in the university clinics . Wallstein, Göttingen 2007, ISBN 978-3-8353-0152-8 ( google.de [accessed on May 22, 2020]).
  14. ^ Goettingen City Archives NS-Sartorius-Werke AG forced laborers. Retrieved May 22, 2020 .
  15. Sartorius Chronicle 1870 to 2005. (PDF) pp. 67–73; Pp. 102–103, on sartorius.de.
  16. a b c Sartorius company history 1971–2000. at sartorius.de.
  17. Sartorius goes public. In: Hamburger Abendblatt. June 7, 1990.
  18. Sartorius Chronicle 1870 to 2005. (PDF) pp. 113–115.
  19. ^ Michael Buhmann: Competence-oriented management of multinational companies: An approach to the integration of strategic and international management research. Wiesbaden 2006, also Diss. University of Stuttgart 2005, p. 239.
  20. a b c d e f Sartorius company history 2001 – today. at sartorius.de.
  21. Sartorius AG receives innovation award for the premium GENIUS analytical balance. , Chemie.de on January 18, 2001.
  22. Chance invests 15 million euros on the Siekanger. In: Göttinger Tageblatt July 11, 2014.
  23. Sartorius inaugurates new plant in China: Doubling of production capacities , Chemie.de on September 14, 2007.
  24. ^ Sartorius expands in Göttingen. ( Memento from September 24, 2015 in the Internet Archive ) In: Faktor-Magazin July 24, 2006.
  25. Sartorius opens new plant , HNA on October 30, 2009.
  26. Sartorius moves up: Centrotherm flies out of the TecDax , Handelsblatt on June 5, 2012.
  27. Sartorius inaugurates new membrane system , Process on April 16, 2012.
  28. ^ Sartorius Officially Opens New Filter and Aseptic Bag Production Facility in Puerto Rico , Pharmaceutical Technology on June 27, 2012.
  29. From Melsungen to Guxhagen: Sartorius inaugurates production facility for bioreactors ( Memento from September 24, 2015 in the Internet Archive ), Process Technology Online on September 19, 2012.
  30. ^ Sartorius: New production hall for plastics processing KunststoffWeb on June 19, 2013.
  31. New logistics center inaugurated on Siekanger. Goettingen.de on July 11, 2014.
  32. Sartorius Opens New Application Center in Shanghai. BioProcess International on October 30, 2014.
  33. Elizabeth Dostert Göttingen: The power of old and new . In: sueddeutsche.de . August 23, 2017, ISSN  0174-4917 ( sueddeutsche.de [accessed December 14, 2018]).
  34. Press release: Sartorius sells Industrial Technologies division to Minebea Co., Ltd.
  35. Press release: Sartorius Stedim Biotech acquires British company BioOutsource
  36. Press release: Sartorius Stedim Biotech acquires Cellca
  37. Press. Retrieved May 22, 2017 .