Corporate | 6 November 2017 17:40
AURELIUS acquires Cargill’s Switzerland-based animal feed business
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DGAP-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Takeover
AURELIUS acquires Cargill’s Switzerland-based animal feed business – Extensive product and service know-how in animal feed with state-of-the-art production sites in Switzerland – AURELIUS’ positioning as expert in complex carve-out situations again re-confirmed
Cargill is a leading player in the Swiss market for animal feed with production sites in Lucens, Gossau, and Kaiseraugst. The company produces premix as well as complete feed for major species such as poultry, swine, and cattle. The Swiss product offering includes specialty feed for pets, horses, zoo animals and medicated feed. Cargill employs about 250 people who will be transitioned under existing contracts, and operates three well-equipped, state-of-the-art animal feed production sites across Switzerland, among them a new facility constructed in 2016 at its location in Lucens. In the upcoming months, AURELIUS operational experts will support management in executing a carve-out from Cargill ensuring minimal distraction to the company’s Swiss-based animal nutrition business, thus helping management and employees to fully focus on its customers. “We have been able to again successfully establish AURELIUS as the preferred partner in a complex carve-out of a non-core business,” said Dr. Dirk Markus, Chairman of the Executive Board of AURELIUS Equity Opportunities. “2017 continues to be a very busy year for us. We anticipate further transactions until year-end.” “We are confident in AURELIUS’s ability to take over ownership and continue delivering in the best long-term interest of both our customers and employees,” said Phil Graham, Group Director, Cargill. “Cargill remains committed to the European, and more specifically the Swiss market, where we have been active since 1956.”
ABOUT AURELIUS
AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8, Ticker Symbol: AR4) represents the listed entity within the AURELIUS Group that focusses on investing in Special Situations and MidMarket transaction opportunities. AURELIUS Equity Opportunities currently has 22 portfolio companies located across Europe which employ around 20,500 people and generate annual revenues of more than EUR 3.5 billion. The shares of AURELIUS Equity Opportunities are traded on all German stock exchanges with a market capitalization of c. EUR 1.6 billion as of November 2017. With its group charity AURELIUS Refugee Initiative, AURELIUS provides comprehensive support for refugees on their way towards a better life. To find out more, visit www.aureliusinvest.com
CONTACT
06.11.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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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, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange; Open Market in Frankfurt |
| End of News | DGAP News Service |