AURELIUS concludes successful acquisition of Valora Trade and Reuss-Seifert & Hammerl
- Number of Group companies rises to 25
- Annualized consolidated revenues exceed EUR 3 billion
Munich, January 4, 2016 – With effect from January 1, 2016, the AURELIUS Group (ISIN DE000A0JK2A8) has successfully concluded the acquisitions of Valora Trade and the commercial activities of the Reuss-Seifert & Hammerl Group that had been announced in November 2015. This increases the number of consolidated companies in the AURELIUS Group to 25 and takes the annualized consolidated revenues beyond the EUR 3 billion mark.
An exclusive distributor of fast moving consumer goods (FMCG) to large-scale retail organizations, Valora Trade counts some 300 prestigious manufacturers of branded food and non-food goods among its customers. The seller is Valora Holding AG, an independent trading firm operating throughout Europe from its head office in Muttenz near Basel, Switzerland. VTR is a long-term partner providing regional market access to FMCG products for its customers and business partners and also offering comprehensive, tailor-made services across the entire value chain – from market intelligence and key account management to trade marketing and category management all the way through to purchasing, logistics, warehousing and point-of-sale services. With its workforce of around 660, VTR generated gross revenues of around EUR 400 million in 2015.
Reuss-Seifert & Hammerl is one of the leading European manufacturers of spacers made of plastic, steel and concrete, constructions films, and other consumables for the concrete construction trade. Reuss-Seifert has its head office in Sprockhövel, North Rhine Westphalia, and Hammerl in Gemmrigheim near Stuttgart. The Group has a total of six production facilities (five in Germany and one in Poland) together with two further locations in Germany and the Czech Republic. Most of the revenues are generated with customers in Germany, the Benelux states, Scandinavia, France, Austria, and Switzerland. With its workforce of more than 300 skilled employees, Reuss-Seifert & Hammerl generated revenues of around EUR 60 million in 2014.
AURELIUS acquired a total of eight companies in 2015 and increased its annualized consolidated revenues to over EUR 3 billion. In December 2015, AURELIUS successfully placed an unsubordinated, unsecured convertible bond with a total nominal value of EUR 166.3 million maturing at the end of 2020. This gives AURELIUS a strong foundation for further organic growth together with yet more acquisitions.
AURELIUS CEO Dr. Dirk Markus comments: “Over the last year, we’ve managed to establish ourselves several times as preferred buyer when corporations have been looking to divest non-core activities as part of complex carve-outs. Our positioning for such solutions at pan-European level is paying off in full. 2016 promises to be yet another exciting year for us.”