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Aurelius SE & Co. KGaA
M&A Activity • Jul 1, 2016
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M&A Activity
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Corporate | 1 July 2016 07:00
AURELIUS successfully completes the acquisition of Northern European activities of the Abelan Group
DGAP-News: AURELIUS SE & Co. KGaA / Key word(s): Takeover
2016-07-01 / 07:00
The issuer is solely responsible for the content of this announcement.
AURELIUS successfully completes the acquisition of Northern European activities of the Abelan Group
Supplier of packaging solutions for the European food sector with well diversified product offering
Munich / London – July 1, 2016 – The AURELIUS Group (ISIN DE000A0JK2A8), has completed the acquisition of the commercial activities of the Abelan Group in Germany and the Netherlands. The transaction was closed on June 30, 2016. In 2015, the acquired activities generated revenues of approximately EUR 50 million and had around 170 employees.
The acquired activities consist of a paper mill in Viersen, Germany, and a solid board packaging plant in Zutphen in the Netherlands. At its German facility the company produces mainly Solidboard as well as Coreboard for tubing and mandrels, edge protectors for the end markets hygiene, tissue and other industrial sectors. Abelan’s packaging division is a significant supplier to the European food sector. All of the company’s products are made from recovered paper.
ABOUT AURELIUS
AURELIUS is one of the leading European investment groups. From its offices in Munich, London, Stockholm and Madrid, AURELIUS acquires participations with development potential. Once under the AURELIUS umbrella, the acquisitions are given a long-term strategic orientation in order for them to fully develop their potential.
Currently, the AURELIUS Group consists of 24 subsidiaries with locations in Europe, Asia, and the U.S.A. These include numerous traditional consumer brands, services businesses and a number of industrial enterprises. Companies are acquired based on strict investment criteria without focusing on any particular industry. Shares of AURELIUS SE & Co. KGaA are listed in the m:access segment of the Munich Stock Exchange and are traded on all German stock markets under ISIN DE000A0JK2A8.
To find out more, visit www.aureliusinvest.com
CONTACT
Anke Banaschewski
Investor Relations & Corporate Communications
Phone +49 (89) 544799 – 0
Fax +49 (89) 544799 – 55
2016-07-01 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | AURELIUS 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, Munich, Stuttgart; Open Market in Frankfurt |
| End of News | DGAP News Service |