Masterflex SE Welcomes J.F. Muller & Sohn as Major Anchor Shareholder After Board Members Sell Stake

Masterflex SE (ISIN: DE0005492938) has announced a significant change in its shareholder structure that strengthens the company’s long-term oriented shareholder base. BBC GmbH, the investment vehicle of CEO Dr. Andreas Bastin and CFO Mark Becks, sold its entire stake of 644,950 shares—representing 6.61% of the company’s share capital—to J.F. Muller & Sohn Aktien-Gesellschaft, Hamburg. The purchase price of EUR 14.00 per share was based on the 100-day average share price. This transaction increases J.F. Muller & Sohn’s stake in Masterflex SE to 29.37%, further cementing its role as a long-term oriented anchor shareholder.

The move enhances the stability of Masterflex’s shareholder base, and the company emphasized that there will be no changes to its strategic direction or to the continuity of the Management Board. Dr. Andreas Bastin and Mark Becks will continue to lead the company with unchanged commitment. Additionally, both board members will remain directly incentivized through an earn-out arrangement agreed as part of the transaction, ensuring their continued focus on the company’s value development.

Dr. Andreas Bastin, CEO of Masterflex SE, commented on the sale: ‘Our investment in Masterflex, made around 15 years ago, has always reflected our confidence in the Company’s potential and was at the same time part of our long-term personal asset planning. This investment has been and remains our largest private investment; however, it has reached a size where, from a personal wealth management perspective, a more balanced diversification has become appropriate. The sale allows us to achieve this balance without changing our commitment to Masterflex in any way. As long as we continue to assume responsibility on the Management Board, we will further develop the Company with the same passion, continuity and long-term perspective.’

Raphael Sohngen, Management Board member of J.F. Muller & Sohn Aktien-Gesellschaft, added: ‘We have accompanied the development of Masterflex SE for many years and are fully convinced of the Company’s strategic direction and future prospects. With a clear strategy, consistent innovation efforts and a high degree of operational discipline, Dr. Andreas Bastin and Mark Becks have transformed Masterflex into a successful and market-leading specialist for hose and connection technology with attractive growth prospects. By increasing our stake, we are expressing our confidence in the Management Board and the Company’s long-term development.’

Masterflex SE specializes in the development and manufacture of sophisticated connection and hose systems, with 14 operating units across Europe, America, and Asia. Growth drivers include internationalization, innovation, operational excellence, and digitalization. The company’s shares have been listed in the Prime Standard of the German Stock Exchange since 2000.

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