DGAP-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Takeover
AURELIUS completes acquisition of Connect Books

15.02.2018 / 08:00
The issuer is solely responsible for the content of this announcement.


AURELIUS completes acquisition of Connect Books

Munich/London - 15 February 2018 - AURELIUS Equity Opportunities SE & Co. KGaA (ISIN DE000A0JK2A8) ("Aurelius" or "the Group"), the listed pan-European mid-market investor, today announces that its subsidiary AURELIUS Omega Ltd. has completed the acquisition of Connect Books from FTSE-listed specialist distribution company Connect Group Plc.

Significant potential for the Aurelius operating model

Aurelius sees significant potential for Connect Books and in the coming months its operational task force experts will support the business' leadership team in executing a carve-out from Connect Group, ensuring minimal distraction from the company's day-to-day business. Aurelius will also work with the team to implement its planned strategy to drive efficiencies and accelerate growth across its full brand range, strengthening its operations, and focusing on expanding the business' international footprint, service offering, marketing capabilities and e-commerce platform.

Following the deal, Connect Books will be rebranded back to Bertram Group.

Dirk Markus, CEO of Aurelius, commented: "Despite some challenges, we are very pleased to have completed a deal that is mutually beneficial to all parties. Connect Books is an exciting business and one for which Aurelius' specialism is very well suited. We look forward to working with the company to provide the financial and operational support that will allow the business to reach its full potential."

ABOUT AURELIUS
AURELIUS Group is a pan-European asset manager with offices in Munich, London, Stockholm and Madrid. Over the last ten years AURELIUS has grown from a local turnaround investor to an international multi-asset manager investing in a wide range of sectors and across the capital structure.

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 1.7 billion as of February 2018.

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
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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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

 
End of News DGAP News Service

654443  15.02.2018 

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