DGAP-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s):
Takeover
AURELIUS subsidiary NDS Group AS acquires Norwegian distributor Sola
Shipping AS
2020-12-23 / 15:04
The issuer is solely responsible for the content of this announcement.
*AURELIUS subsidiary NDS Group AS acquires Norwegian distributor Sola
Shipping AS*
Munich/Oslo, December 23, 2020 - The NDS Group AS, a subsidiary of AURELIUS
Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8), acquires the
Norwegian marine distributor Sola Shipping AS, one of Norway's leading
distributors of marine chemicals and boat care products. This first add-on
acquisition confirms the growth strategy of the NDS Group and further
increases the share in the Norwegian market. The transaction also underlines
Aurelius' strategy to strengthen its portfolio companies via add-ons.
Sola Shipping AS offers a wide range of marine supplies to over 800
customers in Norway. The assortment ranges from antifouling, paint, and
chemicals, over to service parts, boat care, and consumables. The company is
an exclusive distributor of the brand "Seajet" in Norway with market leading
products.
The highly complementary product portfolios will be integrated into the
existing marine business unit of the NDS Group. Customers of both companies
will greatly benefit from the combined business that is built on the
nation-wide logistic infrastructure of the NDS Group.
"The acquisition of Sola Shipping AS confirms the growth strategy to
continue the new era as a one-stop-shop distribution and service provider in
the Nordic region" says NDS Group CEO Janno Gröne. "We are confident that
the NDS Group will also benefit from synergies of this add-on acquisition".
Leif Lupp, Managing Director Aurelius Nordics: "After having executed the
carve-out of NDS, Aurelius' operations organisation has implemented
substantial operational improvements. We have also invested significantly in
topline growth, as evidenced by our new customer wins in 2020. With the
acquisition of Sola Shipping, the next phase of the Aurelius value creation
model has now been launched. We are looking forward to continuously growing
NDS through acquisitions, in Norway as well as throughout the Nordics."
The transaction was completed on December 23, 2020.
Aurelius was advised on the transaction by Handelsbanken (Financial),
Schjødt (Legal) as well as KPMG (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 26
portfolio companies located across Europe which employ around 13,000 people
and generate annual revenues of approx. EUR 3.0 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 [1].
*CONTACT*
AURELIUS Group
Anke Banaschewski
Investor Relations & Corporate Communications
Phone: +49 (89) 544799 - 0
Fax: +49 (89) 544799 - 55
E-mail: investor@aureliusinvest.de
2020-12-23 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
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: 1157258
End of News DGAP News Service
1157258 2020-12-23
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(END) Dow Jones Newswires
December 23, 2020 09:04 ET (14:04 GMT)