16.08.2016
AURELIUS Equity Opportunities SE & Co. KGaA DE000A0JK2A8
DGAP-News: AURELIUS subsidiary B+P Gerüstbau acquires construction and specialty scaffolder BSB Group
DGAP-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s):
Takeover
AURELIUS subsidiary B+P Gerüstbau acquires construction and specialty
scaffolder BSB Group
16.08.2016 / 07:30
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
AURELIUS subsidiary B+P Gerüstbau acquires construction and specialty
scaffolder BSB Group
- Logical strategic add-on acquisition in the context of B+P's expansion
strategy
- The transaction solves the previous owner's succession problem
- Capabilities expanded to include bridge renovation, and clear synergy
potential
Munich, August 16, 2016 - B+P Gerüstbau GmbH, a subsidiary of AURELIUS
Equity Opportunities SE & Co. KGaA (ISIN DE000A0JK2A8), acquires Bau- und
Spezialgerüstbau Franke & Wagner Gruppe ("BSB Group") from the previous
managing partners as part of a succession solution. BSB Group, a
construction and specialty scaffolder with its headquarters in the
Thuringian city of Schmölln and a branch in the North Rhine-Westphalian
city of Kaarst, generated a total operating performance of EUR 11 million
in 2015, with more than 70 employees. The parties agreed to keep the
financial details of the transaction secret.
BSB Group is a leading provider of scaffolding services, with specialized
expertise in the design and construction of specialty scaffolding for
complex construction projects. The company's core competencies are
specialty scaffolding concepts for projects involving the preservation of
historical monuments and bridge renovation. BSB Group has supplied complex
scaffolding structures for many prestigious renovation projects, including
Schloss Neuschwanstein and the Theatinerkirche in Munich. The
geographically broad footprint of BSB Group, with branch offices in western
and eastern Germany, complemented by a strong project presence in southern
Germany, makes an ideal addition to B+P Gerüstbau, which has a strong
presence in the Berlin region.
Acquired by AURELIUS Equity Opportunities in August 2014, B+P Gerüstbau is
the market leader in the segment of scaffolding and construction site
services in the Berlin greater metropolitan area, where it serves mainly
public-sector entities as an expert in demanding large-scale projects. In
the context of B+P's expansion strategy, the add-on acquisition of BSB
Group is a logical step in the direction of a Germany-wide presence. The
acquisition will also enable B+P to build up its capabilities in the
extremely attractive segment of public infrastructure projects,
particularly including bridge restoration. The acquisition also creates
synergistic potential in the areas of procurement and administration.
"The acquisition of BSB will enable us to tap attractive new markets, both
on the product side and geographically. As part of this succession
solution, we offer BSB Group not only continuity, but also the chance for
progress in cooperation with B+P," said Alexander Steinberg, Managing
Director of B+P.
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 25 portfolio
companies located across Europe which employ around 23,000 people and
generate annual revenues of approximately EUR3.0 billion. The shares of
AURELIUS Equity Opportunities are traded on all German stock exchanges with
a market capitalisation of c. EUR1.7 billion as of July 2016.
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: [email protected]
---------------------------------------------------------------------------
16.08.2016 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: [email protected]
Internet: www.aureliusinvest.de
ISIN: DE000A0JK2A8
WKN: A0JK2A
Listed: Regulated Unofficial Market in Berlin, Munich, Stuttgart,
Tradegate Exchange; Open Market in Frankfurt
End of News DGAP News Service
---------------------------------------------------------------------------
492883 16.08.2016
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
AURELIUS Equity Opportunities SE & Co. KGaA ISIN: DE000A0JK2A8 können Sie bei EQS abrufen
Beteiligungen , A0JK2A , AR4 , HAM:AR4