AURELIUS UK
Creating value through the operational improvement of companies with development potential.

ABOUT AURELIUS UK

We are a pan-European investment group focused on creating value through the operational improvement of companies with development potential. We are publicly listed in Germany and we operate from offices in Germany and the UK.

We have a track record of successful investment in more than 100 companies in numerous geographies, industries and sectors. Aurelius improves the operational performance of companies by providing management capabilities and financial resources for investing in products, sales and R&D. Aurelius has liquid cash resources for investment of over £200m.

Our Investment Criteria

Aurelius invests in UK and European, middle market, private and public companies which have improvement potential through financial and operational support. We make investment decisions based on the following criteria:

Deal size

We focus on businesses with sales of £25-1,000m+, EBITDA margin from negative to +15% and with equity investment requirements of up to £100m

Situation

We seek control equity investment opportunities in underperforming businesses with development potential requiring financial or operational improvement or turnaround

Sectors

We invest in opportunities, rather than specific sectors, although we have proven capability in Business Services, Chemicals, Consumer Goods, Food & Beverages, Industrials and TMT

Transaction types

We specialise in investing in medium-sized companies and corporate spin-offs, as well as transactions including private company and portfolio acquisitions, MBOs, MBIs, IBOs, P2Ps, and complex divisional carve-outs from corporates, owner managers, private equity and banks

Business attractions

We seek businesses with growth potential and established market positions in industries with barriers to entry, which would benefit from close operational assistance

Our Advantages

Aurelius UK is a hands-on proactive and supportive operational investor with a long-term investment horizon

Deliverability

  • We fund deals on an ‘all equity basis’ without the need for third party financing
  • Minimal external input required to complete: we have in-house legal and due diligence capability
  • We are a highly experienced investment team with proven ability to transact at speed

Flexibility to vendor requirements

  • Scope to accommodate minority shareholders, vendor loans, earn outs and deferred consideration structures
  • We offer anti-embarrassment protections

Operational focus

  • We employ a team of 100 operational CEOs & managers and taskforce members to help deliver real operational improvement - not financial re-engineering
  • Our portfolio companies are sustainably developed by investment and operational support in Sales, Marketing, Logistics, Procurement, Supply Chain, Production as well as Legal, Human Resources, Finance and Investor Relations; and with strategic bolt-on acquisitions

Long-term investment horizon

  • Stable, bank-independent investor
  • Long-term capital makes us patient providers of capital - we are not exit driven

Our investments

Over the past decade Aurelius Group has invested in more than 100 companies across Europe. Our current portfolio companies employ more than 12,500 people, generating combined annual revenues in excess of £3.0 billion. Set out below are those of our deals that have UK operations.

Moveero

moveero is one of the world’s leading manufacturers of off-highway wheels and an innovative engineering solutions provider. With four manufacturing facilities in the UK, USA and Denmark (and test centres in Italy and the USA), moveero is a market leading supplier to the global agricultural, construction, automotive, industrial and mining industries and many of the leading international original equipment manufacturers, distributors and integrators. The company employs c. 900 people worldwide.

» Website

Rivus Fleet Solutions

Rivus Fleet Solutions (formerly: BT Fleet Solutions) is UK’s #1 commercial fleet management business delivering a comprehensive suite of services to blue chip customers, via its national network. Headquartered in Solihull, Rivus Fleet Solutions offers a comprehensive suite of fleet management services across all stages of the vehicle life cycle, through its network of 65 in-house garages, 500 partner facilities and 50+ mobile technicians. Established in 2002, Rivus Fleet Solutions employs around 950 staff around the UK, and manages more than 80,000 vehicles for over 26 blue chip customers across diversified industries.

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Zentia

Zentia (formerly: Armstrong Ceiling Solutions) is the leading UK manufacturer of suspended ceiling tiles and grids for commercial buildings. Headquartered in Gateshead, Zentia operates from two production facilities and offers specifiers, contractors and distribution partners a complete range of ceiling solutions.

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European Imaging Group

European Imaging Group (formerly Calumet Wex) is a leading multi-channel retailer of high-end branded and own-label specialist photography and videography equipment, accessories, and services. The business trades through three well established banners, Wex in the UK, CameraNu in the Netherlands and Calumet in the rest of Europe, it has a leading online presence across Europe and destination stores in the UK, Germany, Belgium and the Netherlands.  European Imaging Group’s expanding online business and pan-European network of specialist stores offer a premium purchasing experience across all channels to a diverse customer base of photography and videography enthusiasts, professionals, and corporate customers.

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CalaChem

CalaChem Fine Chemicals is a leading producer of fine chemicals for renowned clients in the agrochemical, pharmaceutical and speciality chemical sectors. The company offers a range of services including manufacture, development and large-scale production. It also provides a range of services to other companies adjacent to its site in Grangemouth, Scotland. Before being acquired by Aurelius, CalaChem was a subsidiary of the 3i-backed Finnish KemFine Group

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Transform / The Hospital Group

Transform Hospital Group is the UK’s leading provider of surgical and non-surgical cosmetic surgery, weight-loss, well-being treatments and hospital services. The company operates through two brands “Transform” and “The Hospital Group” and has a network comprising 20 clinics in England, Scotland and Wales, as well as two dedicated hospitals in Manchester and Birmingham.

https://www.transforminglives.co.uk/
​https://thehospitalgroup.org

» Website

Sealine

Sealine International is a leading motor boat builder acquired in September 2013 by Aurelius Group, as a bolt-on to HanseYachts. During its 40 year history, Sealine has developed a reputation for 35 - 60 ft motor yachts which feature ground-breaking, cutting-edge designs. Following acquisition, production of the Sealine range has been moved to one of the most state-of-the-art yacht yards in the world, located at Greifswald, Germany

» Website

Briar Chemicals

Briar is a provider of crop protection and specialty industrial chemicals and Aurelius’ third major acquisition in the chemicals industry. An Aurelius investment since September 2012, the Norwich-based business was acquired from Bayer CropScience. Our strategy since investment has been to focus on extending Briar’s product portfolio and expanding contract production for third-party customers, as well as maximising the marketing expertise of existing Aurelius affiliates in the specialty chemicals sector.

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Enerveo

Enerveo (formerly SSE Contracting Limited) is a leading multi-disciplinary contracting business. The business operates across a network with over 60 locations throughout the UK & Ireland providing mechanical, electrical, lighting, electric vehicle (EV), rail and high voltage engineering services to install and maintain key infrastructure. Enerveo also maintains over one million street lights, making it the largest street lighting contractor in the UK. The company employs c. 1,900 people across the UK & Ireland

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LloydsPharmacy / AAH

LloydsPharmacy is the parent company of a number of market leading healthcare businesses including John Bell & Croyden and AAH Pharmaceuticals. The business operates across four divisions: retail, digital, homecare and wholesale. LloydsPharmacy provides pharmaceutical prescriptions, over the counter medicines and other healthcare services through c.1,400 retail pharmacies and c.40 outpatient hospital sites. LloydsDirect is a digital pharmaceutical prescriptions and over the counter medicines pharmacy. LloydsPharmacy Clinical Homecare is a leading provider of health products and services from delivery of medication to specialist nursing in patients’ homes. AAH Pharmaceuticals is a major pharmaceutical wholesaler, distributing medicines and health products to NHS hospitals and pharmacies. The group has over 18,000 employees, including pharmacists, nurses, logistics operatives as well as store, warehouse and administration personnel.

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Ceramic Tile Distributors

Ceramic Tile Distributors  is a UK-based specialist supplier of high-quality ceramic tiles operating 89 branches and 4 trading distribution hubs. The business sells tiles, tile adhesives, grout as well as associated tools and consumables for the preparation, laying, cutting and drilling of tiles. With over 50 years of experience, Ceramic Tile Distributors has a leading B2B market position in the industry. AURELIUS European Opportunities IV, S.C.A. SICAV-RAIF and AURELIUS Equity Opportunities SE & Co. KGaA as co-investor jointly acquired Ceramic Tile Distributors from Saint-Gobain in 2022.

» Website

Our Case Studies

Set out below are case studies of recent Aurelius UK deals

Our Team

Aurelius’ experienced UK team comprises both investment specialists and operational managers, who together are dedicated to sourcing, executing and managing investments across the UK & Ireland. We are supported by Aurelius Group's executive, investment and operational teams.

Investment Team

Tristan Nagler

Partner

BA (Hons.), FCA and Executive MBA
KPMG Corporate Finance, Investec

+44 (0)20 7440 0485

Peter Wood

Managing Director

BSc (Hons)
Next Wave Partners LLP, PwC, Accenture plc

+44 (0)20 7440 0484

Andrew Roth

Principal

BSc (Hons), ACA
Deloitte LLP

+44 (0)20 7440 0493

Philip Stoner

Principal

BSc (Hons) ACA
PwC

+44 (0)20 7440 0487

Thomas Pinks

Investment Manager

BSc, MSc
Mizuho Investment Management, Alegro Capital, Pöyry Capital, HSBC

+44 (0)20 7440 0497

Freya Macken

Investment Manager

BSc (Hons.), MSc (Hons.)
Credit Agricole, Barclays

+44 (0)20 7440 0495

Euan Phillips

Investment Manager

BA (Hons), ACA
Hilco Capital, KPMG

+44 (0)20 7440 0490

Kayan Kanga

Investment Associate

MEng, ACA
PwC

+44 (0)20 7440 0486

Prakash Rajani

Investment Associate

ACA, BSc (Hons)
KPMG

+44 (0)20 7186 2154

Shivani Sheth

Investment Associate

BSc (Hons)
CIL

+44 (0)20 3196 2590

Ewan Mackenzie Smith

Investment Associate

BSc
EY

Legal

Jonathan Yong

Director, Legal

BA, MA (Oxon), GDL, LPC
Ropes & Gray International LLP, White & Case LLP

+44 (0)20 7440 0483

Christina Nayman-Mills

Senior Legal Counsel

BA, GDL, LPC
Macquarie Principal Finance, Allen & Overy LLP, Natwest Markets, Citibank

+44 (0)20 3196 2594

Financial Team

Stephan Senfle

Manager Corporate Finance

MA (HSG) in Accounting and Finance
Partners Group

+44 (0)20 7440 0489

Leo Alldread

Accounting Manager

AAT
Blick Rothenberg, Berenberg Bank, MicroStrategy Ltd, Global Fashion Group

Operational Team

Gavin Duke

Senior Practice Manager, Sales & Marketing

MBA
Tate & Lyle, Air Products plc, ITI Energy, Aloe Private Equity

Chris Powell

Senior Practice Manager, Procurement

MEng
GlaxoSmithKline, DS Smith, 4C, Capita Consulting

Sylvain Michel

Senior Practice Manager, Procurement

MIM, Msc
Kearney, Ayming, Carrefour, Efficio

Alex McGregor

Practice Manager, Procurement

MSc. BA (Hons)
Procura Consulting, Flybe, Bayer AG

Jessica Liew

Senior Operations Manager

BA
Alix Partners, FTI Consulting

Oliver Tite

Manager Operations

ACA, MA
PwC

Jhanzeb Choudhary

Manager Operations

MSc, LLB
Sainsbury’s, PwC, L’Oreal

Fearghus Arnold

Practice Manager, Sales & Marketing

BCom
ECI Partners LLP, Simon-Kucher & Partners, KPMG

Support Team

Sarah Hawkins

HR Manager

BA
The Workshop Technologies, Tyche Consulting

+44 (0)20 7440 0492

Georgina Hamilton-Briscoe

Team Assistant & Office Manager

BSc
Odey Asset Management

+44 (0)20 7440 0480

Media Centre

Aurelius corporate carve-out survey 2022

Aurelius is conducting its seventh annual Corporate Carve-Out Survey. The survey collates the opinions of Aurelius’ network of UK and continental European advisory and corporate contacts on their expectations for corporate divestment activity in the European market in 2022.

AURELIUS CORPORATE CARVE-OUT SURVEY 2022​

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Blog

Read our latest blog articles here

Media Contacts

Anke Banaschewski

+49 (0) 89 544799 0
 
Hawthorn Advisors

+44 (0) 20 3745 4960

Aurelius UK tax strategy

Aurelius UK tax strategy
» Download (PDF, 97kB)

Career

At Aurelius Group we are always on the lookout for people who want more than just a job.

The continued development of our business heavily relies on us recruiting bright people able to source and execute investments as well as manage and restructure companies. We are a long-term investor and have the same commitment to our people. In our dynamically growing group, we offer employees a great career opportunity – whether you are looking for a role as an intern or managing director, lawyer or operational manager, Aurelius will be a GOOD HOME for your career.

STAYING COVID SECURE ON A VISIT TO OUR OFFICE

To ensure your safety and that of our team we have taken advice from the Government in installing measures to help keep the Aurelius office COVID-19 secure.

Read more about your visit at our office

Contact us: +44 (0)20 7440 0480

Our AURELIUS UK office is located at
6th Floor, 33 Glasshouse Street, London W1B 5DG

» Directions