DGAP-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Takeover 
AURELIUS acquires HÜPPE GmbH, a leading European producer of bathroom interior 
2021-03-12 / 09:30 
The issuer is solely responsible for the content of this announcement. 
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AURELIUS acquires HÜPPE GmbH, a leading European producer of bathroom interior 
- Acquisition of a leading European producer of shower enclosures, shower trays, wall panels and bathroom accessories 
- Firmly established market position provides strong platform for organic development in a stable and growing market 
- Divestment from Masco Corporation serves as a demonstration of AURELIUS' expertise in cross-border carve-outs 
Munich / London, 12 March 2021 - AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8) today announces the 
acquisition of HÜPPE GmbH from Masco Corporation. The transaction is expected to complete in April and is subject to 
approval by the relevant antitrust authorities. Financial details have not been disclosed. 
HÜPPE is one of Europe's leading manufacturers of shower enclosures, shower trays, wall panels and bathroom 
accessories. The company currently employs around 470 people at two production sites in Germany and Turkey as well as 
six European sales entities. In 2020, HÜPPE generated sales of c. EUR 70 million, in line with the previous year. The 
good development despite the corona pandemic reflects on the one hand a trend towards upgrading of the bathroom area by 
the end consumer and on the other hand the increasing replacement of bathtubs with more sustainable and barrier-free 
shower areas. HÜPPE stands for innovation, quality and customer service and is ideally positioned to benefit from these 
trends. 
Together with the management team, AURELIUS plans to drive growth beyond the existing product portfolio and customer 
base. In addition, AURELIUS will contribute operational know-how to achieve a more sustainable positioning of the group 
through efficiencies in the purchasing and manufacturing process. This solid standalone positioning will be the basis 
for future growth via add-on-acquisitions. 
The transaction is another example of AURELIUS' expertise in the divestment processes of large multinational groups. In 
the coming weeks and months, AURELIUS will support HÜPPE in the carve-out from Masco Corporation in such a way that the 
smooth continuation of day-to-day business acitivities is ensured and that HÜPPE can establish itself as an independent 
company. 
"We are pleased to welcome HÜPPE as a strong platform in the building materials sector. Last but not least because of 
the fundamental trends of home investments, sustainability and an aging society we are convinced of the successful 
development and look forward to working alongside HÜPPE's management team to expand the business in its core European 
markets," said Matthias Täubl, CEO of AURELIUS Equity Opportunities SE & Co. KGaA. "The acquisition of HÜPPE is a 
classic AURELIUS transaction in terms of size and general framework. We are working intensively on expanding our 
investment focus to larger deals and co-investments as expansion of our financing strategy." 
AURELIUS was advised by Luther (Legal) and WTS (Tax). 
 
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 approximately 100 in-house operations experts, AURELIUS actively supports its portfolio 
companies in their long-term development. AURELIUS Equity Opportunities currently has 27 portfolio companies located 
across Europe which employ around 12,000 people and generate annual revenues of approx. EUR 3.4 billion. The shares of 
AURELIUS Equity Opportunities are traded on all German stock exchanges. 
AURELIUS Group also operates in the areas of growth capital, real estate opportunities and debt. AURELIUS Growth 
Investments 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 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 
 
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2021-03-12 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 www.dgap.de 
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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:  1175133 
 
End of News   DGAP News Service 
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1175133 2021-03-12

(END) Dow Jones Newswires

March 12, 2021 03:31 ET (08:31 GMT)