Sartorius Plans to Dispose of Weighing-Scale Unit, FAZ Reports

Sartorius AG (SRT) plans to dispose of its industrial weighing-scale unit to focus on biotechnology and laboratory medicine, Frankfurter Allgemeine Zeitung said, citing Chief Executive Officer Joachim Kreuzburg.

The unit, which accounts for 10 percent to 15 percent of Sartorius’s sales, is more exposed to economic shifts than the rest of the company, Kreuzburg said in an interview, according to the German newspaper.

To contact the reporter on this story: Sheenagh Matthews in Frankfurt at smatthews6@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

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