Aurelius Growth Investments portfolio company Ringbeck acquires Dieter Berg GmbH

29.06.2021

Aurelius Growth Investments portfolio company Ringbeck acquires Dieter Berg GmbH

  • Acquisition of a regionally leading service provider in the field of gardening, landscaping, and green roofs
  • Strengthened market position in North Rhine-Westphalia
  • Successful implementation of Buy and Build Strategy

Acquisition as part of a Buy and Build Strategy
On June 24, 2021, Ringbeck GmbH ("Ringbeck"), a portfolio company of AURELIUS Wachstumskapital SE & Co. KG ("AWK", “AURELIUS Growth Investments”), has acquired Dieter Berg GmbH ("Dieter Berg"). Like Ringbeck, Dieter Berg offers high-quality services in the field of gardening, landscaping, and green roofs. Headquartered in Mülheim an der Ruhr, Dieter Berg perfectly complements Ringbeck's existing locations in Oelde, Langenfeld and Bonn. Only three months after the investment in Ringbeck in February 2021, Dieter Berg represents Ringbeck's first add on acquisition, underlining AWK's successful approach to actively expand portfolio companies through acquisitions of market participants.

Nico Vitense, Managing Partner at AWK, said: "We are very pleased that Dieter Berg, a leading regional provider of gardening, landscaping, and green roofs, is joining Ringbeck. With a broad and high-quality range of services, Dieter Berg enjoys an excellent reputation among its customers. Together with a great team, we will continue to drive the growth of Dieter Berg and thus also of the Ringbeck group of companies."

Wilhelm Ringbeck, CEO of Ringbeck, said, "A partnership between Ringbeck and Dieter Berg significantly strengthens our market position in North Rhine-Westphalia. We are looking forward to working together with Mr Berg and his great team!"

Thomas Berg, Managing Director of Dieter Berg, added: "Together with Ringbeck and AWK, there are new opportunities for Dieter Berg to grow and exploit the additional potential. I am pleased to have found a successful solution for further long-term development of my company with AURELIUS Growth Investments and Ringbeck."

On behalf of AWK, Nico Vitense (Managing Partner), Martin Brüggemann (Senior Investment Associate), and Toni Büchsenmann (Investment Analyst) executed the transaction. The team was supported by Kuzaj Wittmann & Partner Rechtsanwälte Steuerberater (Hans-Jörg Wittmann, legal due diligence and legal advice).

About Dieter Berg
Dieter Berg GmbH, based in Mülheim an der Ruhr, has been a leading regional provider of gardening, landscaping, and green roofs for around 40 years and employs about 30 qualified people. The company primarily works for commercial customers as well as the public sector.

About AURELIUS Growth Investments
As part of the AURELIUS Group, AURELIUS Growth Investments focuses on Buy and Build and buyouts/succession solutions. AURELIUS Growth Investments’ current portfolio comprises a total of eight platform companies. In addition to capital for investments and growth, AURELIUS Growth Investments supports the management of its portfolio companies through its extensive entrepreneurial experience and helps to implement growth initiatives and realize operational potential.

Contact person on the Dieter Berg transaction
Nico Vitense
Managing Partner
Mobil +49 162 239 00 70