GÖTTINGEN (dpa-AFX) - Michael Grosse is to head the business of laboratory and pharmaceutical supplier Sartorius from next summer. The Supervisory Board appointed the manager as CEO on Friday with effect from July 1, 2025, the DAX-listed company announced after the close of trading in Gottingen. The current CEO Joachim Kreuzburg had announced this July that he would not be renewing his contract, which runs until November 2025. According to the Group, the manager had been at the helm of the company for more than 20 years. The Sartorius share price rose by half a percent compared to the Xetra closing price on the Tradegate trading platform.

In the years 2020 to 2023, Grosse managed the business at the process and packaging technology company Syntegon Technology, which was spun off from the Bosch Group in 2019./ngu/he