Press Releases // Corporate News

Press Releases // Corporate News

Our press releases.

AURELIUS GROUP

01.04.2021  // AURELIUS acquires SSE Contracting

  • AURELIUS acquires SSE Contracting Limited, a leading multi-disciplinary mechanical and electrical contracting business, from SSE Plc, in its latest complex carve-out transaction
  • As a standalone business SSE Contracting is one of the UK and Ireland’s biggest contracting businesses, providing mechanical, electrical, rail, street lighting and high voltage services
  • AURELIUS operational experts and SSE management will work to ensure minimal disruption for all SSE Contracting employees, its customers, suppliers and industry partners

01.04.2021  // AURELIUS acquires AutoRestore Limited from Belron International

  • Acquisition of the UK’s leading provider of mobile accident body repair services, AutoRestore marks another significant corporate carve-out opportunity for AURELIUS
  • AutoRestore will complement Rivus Fleet Solutions, the leading UK provider of light commercial vehicle management to blue chip companies nationwide
  • AutoRestore is AURELIUS’ fourth corporate carve-out announced in the last month, underscoring its leadership in the execution of corporate divestment processes and operationally supporting portfolio companies’ buy-and-build strategies

31.03.2021  // AURELIUS Equity Opportunities publishes its Annual Report 2020: Very good annual results and positive outlook confirmed

  • EBITDA of the combined Group reaches EUR 431.1 million, well above the previous-year figure
  • Operating EBITDA reaches EUR 167.6 million, at the level of the previous year despite the coronavirus pandemic (2019: EUR 168.9 million)
  • Strong operating performance also reflected in the higher NAV of EUR 1,002.5 million (+5% over 09/30/2020: EUR 950.7 million)
  • Solid cash position of EUR 422.9 million allows for dividend proposal of EUR 1.00 per share for the 2020 financial year and higher dividends in the following years
  • Positive outlook for the 2021 financial year confirmed
AURELIUS GROUP

29.03.2021  // AURELIUS acquires Bring Frigo from Posten Norge

  • Acquisition of a specialist for temperature-controlled logistics in the Nordics
  • Carve-out from Posten Norge, the Norwegian Post that is focusing on its core business
  • Sweet-spot AURELIUS carve-out transaction and 4th Nordic portfolio company
  • As Nordics market leader in temperature logistics, Bring Frigo is well positioned to expand its business internationally
  • Outlook: 2021 to become a year of immense opportunities for AURELIUS

24.03.2021  // AURELIUS Equity Opportunities plans to pay a dividend of EUR 1.00 per share for FY 2020 and to increase the dividend in the following years

  • Dividend payout of EUR 28.7 million proposed for 2020
  • Plan to increase the dividend to EUR 1.25 per share for 2021 and EUR 1.50 per share for 2022
  • Future successful company exits could further increase the dividend

22.03.2021  // Office Depot Europe has sold its Italian business to strategic buyer Bruneau

  • Fourth sale of an Office Depot business completed in the past 18 months
  • Sale will focus Office Depot Europe on its core European markets and e-commerce-centric activities
  • Second sale of an Office Depot entity to Bruneau Group following the sale of the Spanish direct business in summer 2020
  • Office Depot Italy is a leading distributor in the Italian market, with more than 70,000 customers
AURELIUS GROUP

17.03.2021  // AURELIUS acquires Panasonic’s European Consumer Battery Business

  • Panasonic Consumer Energy is one of the leading producers of consumer batteries in Europe
  • Carve-out of a division from Panasonic Europe B.V.  in two separate European countries demonstrates AURELIUS’s expertise in executing complex cross-border divestments

12.03.2021  // AURELIUS acquires HÜPPE GmbH, a leading European producer of bathroom interior

  • Acquisition of a leading European producer of shower enclosures, shower trays, wall panels and bathroom accessories
  • Firmly established market position provides strong platform for organic development in a stable and growing market
  • Divestment from Masco Corporation serves as a demonstration of AURELIUS' expertise in cross-border carve-outs

12.03.2021  // AURELIUS Equity Opportunities announces very good preliminary numbers for financial year 2020 – EBITDA of the combined Group rises to EUR 431.1 million

  • In last year’s challenging environment, the EBITDA of the combined Group reached EUR 431.1 million, considerably higher than the prior-year figure of EUR 271.4 million
  • Operating EBITDA came to EUR 167.6 million, at the level of the previous year (2019: EUR 168.9 million) despite the coronavirus pandemic
  • Very solid cash holdings of EUR 422.9 million after redemption of the convertible bond
  • Positive outlook for a transaction-intensive year in 2021

09.03.2021  // AURELIUS Equity Opportunities retires 1,000,000 treasury shares purchased under buyback programs

  • Communication with capital market participants to be intensified
  • Further measures to enhance transparency being prepared

22.02.2021  // COVID-19 to Accelerate Non-Core Corporate Divestments of European Assets in 2021

London, 22 February 2021 – The COVID-19 pandemic will accelerate UK and European corporates’ plans to divest non-core businesses, increasing corporate carve-out activity across the continent in 2021, according to the findings of the AURELIUS Equity Opportunities European Corporate Carve-Out Survey. 

10.02.2021  // AURELIUS subsidiary Conaxess Trade continues its growth path through acquisition of Swedish Movement Group

  • Movement is a leading Swedish sales, marketing and distribution company for fast moving consumer goods (FMCG) that offers both field sales services and full-service distribution
  • Strategic add-on acquisition significantly strengthens Conaxess Trade Sweden in field sales, in-store placement and full-service distribution
  • Add-ons as a strategic element to strengthen AURELIUS portfolio companies

05.02.2021  // Further Consolidation and Digitalization of Office Depot Group

* Successful completion of the sale of Eastern European, Scandinavian and Spanish operations

* Sale of French operations by way of a Redressement Judiciare impending

* Integration of business areas DIRECT and CONTRACT on fully-digitalized platform Viking+

12.11.2020  // AURELIUS Equity Opportunities reports its numbers for the first nine months of 2020

  • Total consolidated revenues fall to EUR 2.4 billion compared to last year
  • EBITDA rises to EUR 301.5 million on the back of strong gains on bargain purchases and company sales above book value 
  • Operating EBITDA of EUR 100.2 million attests sustainable management of the COVID-19 crisis 
  • Solid cash position of EUR 417.5 million 
  • Net asset value of the AURELIUS portfolio modestly lower at EUR 950.7 million 
  • Outlook: Effects of new lockdowns in the COVID-19 pandemic cannot yet be estimated; well-filled pipeline of acquisition opportunities