DGAP-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Takeover
AURELIUS closes sale of Scandinavian Cosmetics Group to Accent Equity
18.11.2019 / 07:00
The issuer is solely responsible for the content of this announcement.


AURELIUS closes sale of Scandinavian Cosmetics Group to Accent Equity

- Successful transformation into a leading Nordic brand management company

- The buyer, Accent Equity, will support Scandinavian Cosmetics in its next growth phase

Munich, November 18, 2019 - AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8) has successfully completed the sale of its subsidiary Scandinavian Cosmetics Group to Accent Equity 2017, a Scandinavian investment fund.

Successful transformation into a leading Nordic brand management company

After the carve-out from the former owner, the Swiss Valora Group, the company was positioned in the market as a unitary group under AURELIUS and developed into a leading brand management company by means of an extensive transformation program. The restructuring engineered by AURELIUS included efficiency enhancement and business development measures, as well as the add-on acquisitions of Solis AS and Alf Sörensen AB, leading to a 25 percent revenue increase since the acquisition. Scandinavian Cosmetics today is the biggest manufacturer-independent luxury and consumer brand management company in Scandinavia.

The buyer Accent Equity will support Scandinavian Cosmetics in its next growth phase

Accent Equity has extensive experience in growing businesses in different industries and sectors and is ideally positioned to support the international growth of Scandinavian Cosmetics Group, both organically and through add-on acquisitions. The company's continued development will be supported by the highly experienced management team, the strong position in the Scandinavian market and the company's excellent positioning in all stages of the value chain.

 

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 that 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 22 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 capitalization is approx. EUR 1.1 billion (as of November 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, particularly development projects 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 www.aureliusinvest.de.
 

CONTACT

AURELIUS Group
Anke Banaschewski
Investor Relations & Corporate Communications
Phone: +49 (89) 544799 - 0
Fax: +49 (89) 544799 - 55
E-mail: investor@aureliusinvest.de



 


18.11.2019 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.

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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: info@aureliusinvest.de
Internet: www.aureliusinvest.de
ISIN: DE000A0JK2A8
WKN: A0JK2A
Listed: Regulated Unofficial Market in Berlin, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID: 914739

 
End of News DGAP News Service

914739  18.11.2019 

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