More Possibilities. [citation needed]. Search job openings, see if they fit - company salaries, reviews, and more posted by Sartorius employees. To allow the use of hydro power, the company moved north of Göttingen to Bovenden, where the new factory provided work for 60 people. In 2019, the bioprocess division contributed 77% to total revenue and the lab division the remaining 23%. [citation needed], 2011Sartorius acquired the liquid handling business of the Finnish laboratory specialists Biohit. This early phase of production became the foundation for Sartorius’ bioprocess business, which still produces filters to this day. Lab Products & Services focuses on the production and servicing of laboratory instruments and consumables, including water purification, weighing, liquid handling, microbiology, filtration and purification, and centrifuges. Status: July 2002, Sartorius AG, Goettingen, Germany Printed in Germany on paper that has been bleached without any use of chlorine I.K. The Chief Executive Officer (CEO), Joachim Kreuzburg, is responsible for Corporate Strategy, Human Resources Management, Legal Affairs & Compliance and Communications. Samsung Biologics has recently signed an MOU with Sartorius, a German life science company, to further strengthen the supply chain for biomedicines. Sartorius Stedim Biotech is the leading provider of tools for biopharmaceutical fermentation and fluid management. The bioprocess division is traded as a separate company, Sartorius Stedim Biotech. Lab Products & Services focuses on the production and servicing of laboratory instruments and consumables, including water purification, weighing, liquid handling, microbiology, filtration and purification, and centrifuges. It operates two divisions: the bioprocess business as a subgroup under its parent corporation Sartorius Stedim Biotech S.A. and the laboratory business as a further subgroup. In December 2014, Sartorius sold its Industrial Technologies division, which specializes in industrial weighing and control equipment, to the Japanese company Minebea Co., Ltd. Consequently, Sartorius concentrated on its core businesses with its two divisions Bioprocess Solutions and Lab Products & Services. Obviously, this is all probably a coincidence. Sartorius AG has a 74% ownership of this subsidiary with 85% voting control. More Insights. Sartorius AG acquired the remaining shares in Viva Science and is now the sole owner. In 1914, Florenz and his sons turned the company into a stock corporation to expand its capital base.[4]. Operating structure of the Group. 275 likes. The company consists of the two divisions 'Bioprocess Solutions' and 'Lab Products & Services'. View Sartorius (www.sartorius.de) location in Lower Saxony, Germany , revenue, industry and description. Sartorius AG company facts, information and financial ratios from MarketWatch. Prior to disposal and/or scrapping of the equipment, any batteries should be removed and disposed of in local collection boxes. SARTORIUS AG annual/quarterly revenue history and growth rate from 2016 to 2020. Vivascience is a 100 percent owned subsidiary of Sartorius AG, Goettingen, an internationally leading laboratory and process technology supplier. Parent Sartorius AG has a 74% stake in the company, with 85% voting control. [14] They also acquired Umetrics a data analytics company for $72.5 million. In 2019, the technology group earned sales revenue of 1827.0 million euros (2018: 1566.0 | 2017: 1404.6). In 1870 (151 years ago) (1870) Florenz Sartorius (1846–1925), a University of Göttingen mechanician founded the fine precision weighing company called "Feinmechanische Werkstatt F. Sartorius" and began production of short-beam analytical balances. During the First World War the company was converted into producing military hardware, and relationships with the foreign business wings of the company were broken off. However, in 1899 the headquarters of the company was to move once more, this time to a plot near the Weender highway on the northern outskirts of Göttingen. [6][7] By 2017, the subsidiary Sartorius Stedim Cellca was in operation, operating out of a rented facility in Lauheim, but by 2019 a new facility is slated to be occupied in the Eselsberg district of Ulm. This move coincided with the production of the company's 3000th scale in 1895. Find related and similar companies as well as employees by title and much more. [4], Between the wars in 1927, the company (under the name Membranfiltergesellschaft m.b.H.) Bioprocess Solutions includes the segments filtration, fluid management, fermentationand purification and focuses on the production processes of the biopharmaceutical industry. Switch to self version. KT Publication No. Sartorius AG, Annual Ratios (Cont…1) Sartorius AG, Annual Ratios (Cont…2) Sartorius AG, Interim Ratios. Sartorius has its own production facilities in Europe, Asia and America as well as sales subsidiaries and commercial agencies in more than 110 countries. Sartorius conducts its operational business in two divisions: Bioprocess Solutions and Lab Products & Services. The German company was founded in 1987 and acquired in 2000 by Sartorius AG based in Goettingen, Germany. These include, for example, Group Finance, HR, IT, Investor Relations, Legal and Central Marketing. 2007Sartorius merged its biotechnology division with the French biotech company Stedim S.A. [16], BioOutsource is a subsidiary of Sartorius Stedim Biotech[23], Learn how and when to remove this template message, "Sartorius Supervisory Board appoints two new Executive Board members", "Evolving from a University Mechanician to a Global Player – Sartorius Chronicle from 1870 to 2005", "Sartorius Stedim Biotech acquires UK-based CRO, BioOutsource", "Sartorius Acquires Cell Line and Process Developer Cellca", "Sartorius Stedim Biotech acquires Cellca", "Sartorius to Sell Its Industrial Technologies Division to Minebea Co., Ltd", "Fast-growing ABQ biotech startup acquired for $90 million in cash", "Sartorius Acquires U.S. The bioprocess division is traded as a separate company, Sartorius Stedim Biotech. Careers Careers. 2014Through its subsidiary SSB Sartorius acquired a majority stake in the US start-up AllPure Technologies LLC, thus complementing the disposables portfolio for the biopharmaceutical industry. no Sartorius subsidiaries or dealerships are located, please contact your local authorities or a commercial disposal operator. Sartorius AG (SRT) - Financial and Strategic SWOT Analysis Review - provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. [8], 2000Sartorius took over B. Braun Biotech International (BBI) from B. Braun Melsungen AG. 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