Newsletter January 2018


Newsletter January 2018

  • Overview of our recent activities

News and developments in the UK

Aurelius enjoyed continued progress in the second half of 2017 including the announcement of two new acquisitions by the UK team, which follow the two we completed earlier in the year (Wex Photographic and the European business activities of Office Depot Inc.): 

  • Acquisition of Abelan Board Industrial from PHI Industrial. The business is a major producer of core board and solid board packaging products operating out of Southern Europe with revenues of €70 million which will, upon completion, be combined with the UK & Northern European operations of Solidus Solutions » Read Announcement
  • In November, we were awarded Private Equity Turnaround of the Year by the Institute for Turnaround (IFT, in London for the successful sale of Getronics » Read Announcement
  • Over the past 6 months we have participated in events including ABI’s International Conference in Dublin, TRI Conference, HealthInvestor Conference (Deal or no deals? What’s driving M&A activity in UK healthcare”), Real Deals Roundtable discussing Brexit and its potential consequences for Private Equity and The International Lending Conference (International Mergers and Acquisitions for 2017: Where Is the Market and Where Is it Going?)
  • Our UK team has expanded with five new appointments: Peter Wood as Principal, Andrew Roth as Investment Associate, Zach Holmes as Operations Manager, Jonathan Yong as Senior Legal Counsel and Tommy Canavan as Legal Counsel

News and developments at Aurelius Group

There was a positive outlook from Aurelius CEO Dr Dirk Markus in December: "2017 was a very eventful but primarily also extremely successful year for Aurelius. We successfully exited several realigned companies and acquired seven new companies”

  • We reported our performance for the first 9 months of 2017 with consolidated revenues of €3,134m (+46% y-o-y), annualised consolidated revenues from continuing operations of €3.5bn and EBITDA of €575m of which operating EBITDA was €96.5m; As at 30 September, net cash was reported as being €570m and Net Asset Value as €1,521.5m » Read Announcement
  • Following the disposals of Regain (September), Secop (July) and Getronics (July), we announced the disposal of Studienkreis to IK Investment Partners in December. The selling price of €72m generated a multiple of capital employed of 11.6x » Read Announcement
  • Further to the acquisitions of AH Industries, Silvan and Privilège, earlier in the year, we announced the acquisition of Cargill’s animal nutrition business in Switzerland in November. The business generates revenues of €130m and will, in February, be rebranded Granovit » Read Announcement
  • In October we launched Aurelius Finance Company as an alternative lender, providing debt solutions to UK and European companies that are unable to access the mainstream banking market for some or all of their capital requirements »Visit Website