AR4 AURELIUS Equity Opportunities SE & Co. KGaA

DGAP-News: AURELIUS acquires electronic components businesses Distrelec and Nedis from Swiss Dätwyler Group

DGAP-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Miscellaneous
AURELIUS acquires electronic components businesses Distrelec and Nedis from Swiss Dätwyler Group

23.12.2019 / 18:05
The issuer is solely responsible for the content of this announcement.


AURELIUS acquires electronic components businesses Distrelec and Nedis from Swiss Dätwyler Group

- Acquired business units are leading distributors of electronics components in Europe

- Revenues of EUR 275 million across 15 countries

- Fifth mid-market acquisition by AURELIUS in 2019 and renewed confirmation of core competence in corporate carve-outs


Munich, December 23, 2019 - AURELIUS Equity Opportunities SE & Co. KGaA (ISIN DE000A0JK2A8) acquires Distrelec and Nedis businesses from Dätwyler Group, which is listed on the Swiss stock exchange. With a total of about 850 employees the acquired business units generate annual revenues of approximately EUR 275 million. The parties agreed not to disclose the purchase price and the transaction is expected to close in the first quarter of 2020.

Distrelec, headquartered in Manchester (UK) and Nänikon (CH), is a leading B2B distributor of electronic and technical components with approximately 600 employees. Beyond its main markets of Switzerland and Sweden, the company also has a strong market presence in 15 European countries. Its product portfolio has a significant focus on MRO components and targets B2B customers.

Nedis, headquartered in s'Hertogenbosch (NL) is a wholesaler for electronic products. With approximately 250 employees. Nedis is a leading wholesaler of electronic products marketed under the Nedis brand especially in the Netherlands, France and Scandinavia. The company has already been operationally realigned in the past by several initiatives, amongst them a complete rebranding in 2018. This strategy shall be continued to further position Nedis as a successful category manager in the European market.

"This acquisition enables us to further strengthen our position as a specialist in the carve-out of non-core divisions. The acquired businesses offer great potential and we are looking forward to help the company achieve its full potential," said AURELIUS CEO Dr. Dirk Markus. "All in we have bought five new strategically interesting businesses in 2019. We see further attractive opportunities for acquisitions, as well as on the exit side, for 2020."

AURELIUS will support the acquired businesses, both financially and operationally to ensure a seamless transition after the carve-out from Dätwyler Group. It is our aim to establish them as successful standalone companies and bring them on a sustainable growth path. The transaction perfectly fits into the AURELIUS mid-market investment focus.

AURELIUS was advised on the transaction by PwC (M&A), OC&C (commercial), KPMG (tax), Lenz & Staehelin and Linklaters (legal M&A) , Deloitte (pension), diva-e (e-commerce), digatus (IT) and Euro Transaction Solutions (insurance).

ABOUT AURELIUS

AURELIUS Group is a pan-European investment group with offices in Munich, London, Stockholm, Madrid and Amsterdam. Since it was founded in 2006, AURELIUS has grown from a local turnaround investor to an international multi-asset manager.

AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8, ticker symbol: AR4) is the listed entity within AURELIUS Group and focuses on investing in mid-market corporate carve-outs and platform build-ups in a broad range of industries. With a team of more than 80 in-house operations experts, AURELIUS actively supports its portfolio companies in their long-term development. AURELIUS Equity Opportunities currently has 23 portfolio companies located across Europe which employ around 13,000 people and generate annual revenues of approx. EUR 3.5 billion. The shares of AURELIUS Equity Opportunities are traded on all German stock exchanges. The company's market capitalisation is approx. EUR 1.1 billion (as of December 2019).

AURELIUS Group also operates in the areas of growth capital, real estate opportunities and debt. AURELIUS Growth Capital invests in leveraged buyouts usually in succession or corporate spin-off situations. AURELIUS Real Estate Opportunities focuses on real estate investments, the value of which can be increased in the long-term by means of active management. AURELIUS Finance Company is an alternative direct lender, focused on providing flexible debt solutions to small and mid-market firms across Europe.

With its group charity AURELIUS Refugee Initiative e.V., AURELIUS provides comprehensive support for refugees on their way towards a better life.

To find out more, visit .

CONTACT
AURELIUS Group
Anke Banaschewski
Investor Relations & Corporate Communications
Phone: +49 (89) 544799 - 0
Fax: +49 (89) 544799 - 55
E-mail:


 


23.12.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at


Language: English
Company: AURELIUS Equity Opportunities SE & Co. KGaA
Ludwig-Ganghofer-Straße 6
82031 Grünwald
Germany
Phone: +49 (0)89 544 799-0
Fax: +49 (0)89 544 799-55
E-mail:
Internet:
ISIN: DE000A0JK2A8
WKN: A0JK2A
Listed: Regulated Unofficial Market in Berlin, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID: 942903

 
End of News DGAP News Service

942903  23.12.2019 

fncls.ssp?fn=show_t_gif&application_id=942903&application_name=news&site_id=research_pool
EN
23/12/2019

Underlying

Reports on AURELIUS Equity Opportunities SE & Co. KGaA

 PRESS RELEASE

EQS-News: AURELIUS Equity Opportunities verlängert die Annahmefrist de...

EQS-News: AURELIUS Equity Opportunities SE & Co. KGaA / Schlagwort(e): Aktienrückkauf AURELIUS Equity Opportunities verlängert die Annahmefrist des Öffentlichen Aktienerwerbsangebots 13.02.2024 / 15:42 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. AURELIUS Equity Opportunities verlängert die Annahmefrist des Öffentlichen Aktienerwerbsangebots Grünwald, 13. Februar 2024 – Die persönlich haftende Gesellschafterin der AURELIUS Equity Opportunities SE & Co. KGaA (ISIN DE000A0JK2A8, „Gesellschaft“) hat basierend auf dem Beschluss der Ha...

 PRESS RELEASE

EQS-News: AURELIUS Equity Opportunities extends the Acceptance Period ...

EQS-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Share Buyback AURELIUS Equity Opportunities extends the Acceptance Period of the Public Share Buyback Offer 13.02.2024 / 15:42 CET/CEST The issuer is solely responsible for the content of this announcement. AURELIUS Equity Opportunities extends the Acceptance Period of the Public Share Buyback Offer Grünwald, February 13, 2024 - The general partner of AURELIUS Equity Opportunities SE & Co. KGaA (ISIN DE000A0JK2A8, "Company") has decided in January 2024, based on the resolution of the Company's Annual Ge...

 PRESS RELEASE

EQS-News: AURELIUS Equity Opportunities announces public share purchas...

EQS-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Share Buyback AURELIUS Equity Opportunities announces public share purchase offer 15.01.2024 / 07:55 CET/CEST The issuer is solely responsible for the content of this announcement.  AURELIUS Equity Opportunities announces public share purchase offer Price range is between EUR 15.36 and EUR 15.26, the upper limit being the maximum permissible buyback price Acceptance period to begin on January 17, 2024 and end, subject to a possible extension, on February 13, 2024 Best-price offer and equal treatment p...

 PRESS RELEASE

EQS-News: AURELIUS Equity Opportunities kündigt Öffentliches Aktienerw...

EQS-News: AURELIUS Equity Opportunities SE & Co. KGaA / Schlagwort(e): Aktienrückkauf AURELIUS Equity Opportunities kündigt Öffentliches Aktienerwerbsangebot an 15.01.2024 / 07:55 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. AURELIUS Equity Opportunities kündigt Öffentliches Aktienerwerbsangebot an Preisspanne liegt zwischen EUR 15,36 und EUR 15,26, wobei die Obergrenze dem maximal zulässigen Rückerwerbspreis entspricht Annahmefrist beginnt am 17. Januar 2024 und endet, vorbehaltlich einer Verlängerung am 13. Februar 2024 Bestpr...

 PRESS RELEASE

EQS-News: AURELIUS Equity Opportunities publishes financial results fo...

EQS-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Quarterly / Interim Statement AURELIUS Equity Opportunities publishes financial results for the first quarter of 2023 11.05.2023 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement. AURELIUS Equity Opportunities publishes financial results for the first quarter of 2023 Total consolidated revenues reach EUR 743.8 million Operating EBITDA comes to EUR 49.8 million Equity, cash and cash equivalents are stable Grünwald, May 11, 2023 – AURELIUS Equity Opportunities SE & C...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch