M&A Activity • Apr 27, 2023
M&A Activity
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News Details
Ad-hoc | 27 April 2023 08:01
AURELIUS Equity Opportunities SE & Co. KGaA sells Distrelec Group
AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Disposal
AURELIUS Equity Opportunities SE & Co. KGaA sells Distrelec Group
27-Apr-2023 / 08:01 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
AURELIUS Equity Opportunities SE & Co. KGaA sells Distrelec Group
Grünwald, April 27,2023 – AURELIUS Equity Opportunities SE & Co. KGaA (ISIN DE000A0JK2A8) (“Company”) has today signed an agreement with RS Group plc for the sale of its portfolio company Distrelec.
The enterprise value will amount to approximately EUR 365 million on the closing date. The company will receive an equity value after considering all deductions, minority interests, variable compensation and transaction costs of approximately EUR 200 million.
The transaction is subject to the approval of the relevant antitrust authorities. The Company expects the transaction to be completed in Q3 2023 or earlier.
Contact:
AURELIUS Group
Lars Dannenberg
Investor Relations & Corporate Communications
Phone: +49 (89) 544799-0
Fax: +49 (89) 544799-55
E-Mail: [email protected]
End of Inside Information
27-Apr-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | AURELIUS Equity Opportunities SE & Co. KGaA |
| Ludwig-Ganghofer-Straße 6 | |
| 82031 Grünwald | |
| Germany | |
| Phone: | +49 (0)89 544 799-0 |
| Fax: | +49 (0)89 544 799-55 |
| E-mail: | [email protected] |
| Internet: | www.aureliusinvest.de |
| ISIN: | DE000A0JK2A8 |
| WKN: | A0JK2A |
| Listed: | Regulated Unofficial Market in Berlin, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange |
| EQS News ID: | 1618473 |
| End of Announcement | EQS News Service |
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