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Aurelius SE & Co. KGaA

M&A Activity Jul 21, 2014

4581_rns_2014-07-21_bac1c86c-5e9a-4888-be9f-e6653d50357e.html

M&A Activity

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News Details

Corporate | 21 July 2014 11:00

AURELIUS Group to acquire Scholl’s footwear division from Reckitt Benckiser Group plc

AURELIUS AG / Key word(s): Acquisition

21.07.2014 / 11:00


AURELIUS Group to acquire Scholl’s footwear division from Reckitt Benckiser Group plc

Munich/London, July 21, 2014 – AURELIUS Group (ISIN DE000A0JK2A8), the listed mid-market pan-European investor, is acquiring the footwear division of Reckitt Benckiser Group plc owned Scholl brand for an undisclosed amount. AURELIUS’ investment will support the development of Scholl footwear through organic growth focused on new product offerings and expansion into new markets. The transaction is subject to regulatory approval and to the completion of the information-consultation process of the Unions where applicable. Completion is scheduled for Q3 2014.

Scholl Footwear offers a high level of comfort and support the natural functions of the foot. The Company’s target consumer group comprises adults who are particularly keen on comfortable shoes that prevent and alleviate discomfort. The company already enjoys a high level of brand awareness and positioning across Europe and many Asian markets. The brand is also popular in Australia. Scholl footwear products, some of which have medical device status, are predominantly distributed through pharmacies and medical supply stores in Europe and can be found in the general shoe trade across Asia. In 2013, Scholl Footwear generated revenues of around EUR 90 million.

Dirk Markus, Chief Executive and Co-founder of AURELIUS Group, said:

“This is exactly the sort of business that AURELIUS hopes to acquire. We seek to partner with and invest in businesses with significant growth potential, and in Scholl Footwear we see this in abundance. We are delighted to be investing in Scholl Footwear and look forward to working with the business to support its future growth.”

The deal marks AURELIUS’ fourth investment in 2014. This transaction with a UK headquartered business is yet another step in the growing internationalization of AURELIUS, at the forefront of which are AURELIUS’ offices in London and Stockholm.

Commenting on this Tristan Nagler, Managing Director of AURELIUS UK, added:

“We are very pleased to have established ourselves in the UK market following our recent move into a new London office and the expansion of our UK deal team. We are seeing an extremely positive deal pipeline in this market which is full of compelling transaction opportunities.”

ABOUT AURELIUS

AURELIUS has been successfully operating in the international market for company acquisitions for many years. The focus is on companies and corporate spin-offs in markets with plenty of potential for development. Once under the AURELIUS umbrella, the acquisitions are given a long-term strategic orientation and their potential developed. Building on active operational support, the subsidiaries benefit from the management experience and financial strength of the parent company. This is what makes AURELIUS a “good home” for companies and their employees.

At present, the AURELIUS Group encompasses 20 subsidiaries around the globe with facilities in Europe, Asia and the United States. Among others, these include traditional names like Blaupunkt and Berentzen together with numerous industrial enterprises. Companies are acquired in accordance with strict investment criteria, although there is no specific industry focus. Shares of AURELIUS AG are listed in the m:access segment of the Munich Stock Exchange and are traded on all German stock exchanges under ISIN DE000A0JK2A8.

To find out more, visit www.aureliusinvest.de .

CONTACT

Anke Banaschewski

Investor Relations & Corporate Communications

Phone +49 (89) 544799 – 0

Fax +49 (89) 544799 – 55

[email protected]

End of Corporate News


21.07.2014 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Media archive at www.dgap-medientreff.de and www.dgap.de


278570  21.07.2014

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