Shareholder Value Beteiligungen AG (XTRA:SVE), Share Value Stiftung, Helmut Fink and Christiane Weispfenning made an offer to acquire remaining 69.75% stake in SMT Scharf AG (XTRA : S4A) for €26.5 million on January 11, 2021. Under the terms, each share will be acquired at a price of €8.22 per share. The transaction has been approved by German Federal Financial Supervisory Authority on January 11, 2021.

As of February 5, 2021, the downlisting of shares from the stock exchange has been approved by the supervisory Board of Managing Board of SMT Scharf AG. Michael Neises, Frank Hollstein, Irene Braunagel and Michèle von Lewinski of Heuking Kühn Lüer Wojtek acted as legal advisors to Share Value Foundation and Shareholder Value Beteiligungen AG.