Corporate | 1 December 2017 08:00
|
DGAP-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Miscellaneous
AURELIUS wins “Private Equity Turnaround of the Year” award for successful exit from Getronics – Recognition by prestigious Institute for Turnaround (IFT) for the Group’s most successful exit to date – Jury impressed by the strategic realignment and substantial growth of Getronics under the AURELIUS umbrella Munich/London, December 1, 2017 – AURELIUS Equity Opportunities SE & Co. KGaA (ISIN DE000A0JK2A8) is the winner of this year’s award for Private Equity Turnaround of the Year. AURELIUS received the prestigious award from the Institute for Turnaround (IFT, www.the-ift.com) in London for its extremely successful sale of Group subsidiary Getronics. In early July 2017 AURELIUS divested Getronics to strategic Investor Bottega InvestCo S.à r.l. for EUR 220 million. The transaction was AURELIUS’ largest exit to date, and brought AURELIUS a cash multiple of 18.5 x on the capital invested. Dr. Dirk Markus, CEO and Chairman of the Executive Board of AURELIUS Equity Opportunities: “We are delighted to receive the award. The positive development of the Getronics group under the AURELIUS umbrella shows very clearly how the focused deployment of our operative Task Force combined with a sustained expansion strategy can turn what were once neglected carve-outs into profitable, independent companies. The Getronics sale was just one of several successful exits this year.”
Strategic realignment and higher growth of Getronics under the AURELIUS umbrella
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 21 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 1.5 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
01.12.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
|
| 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 |
| End of News | DGAP News Service |