Andreas Aufschnaiter and Armin Distel made an offer to acquire remaining 90.82% stake in MS Industrie AG (XTRA : MSAG) for ?43.86 million on June 22, 2023. The offer price per share is ?1.61. Andreas Aufschnaiter and Armin Distel holds 1,925,106 MS Shares, and 587,571 MS shares respectively. Whereas, their holding company MS ProActive Verwaltungs holds 241,531 MS shares.

Andreas Aufschnaiter and Armin Distel completed the acquisition of additional 10.72% stake in MS Industrie AG (XTRA : MSAG) for ?5.17 million on August 9, 2023.