07.03.2018
AURELIUS Equity Opportunities SE & Co. KGaA DE000A0JK2A8
DGAP-News: AURELIUS subsidiary GHOTEL opens a new city hotel in Göttingen
DGAP-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s):
Miscellaneous
AURELIUS subsidiary GHOTEL opens a new city hotel in Göttingen
07.03.2018 / 08:00
The issuer is solely responsible for the content of this announcement.
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AURELIUS subsidiary GHOTEL opens a new city hotel in Göttingen
- Another 4-star property boosts GHOTEL hotel & living's activities
- The university city of Göttingen is located in a strong economic region in
Lower Saxony
- GHOTEL hotel & living will almost double sales with this and other
announced expansion steps over the next two years
Munich - 7 March 2018 - Hotel operator GHOTEL hotel & living (
www.ghotel.de),
a subsidiary of AURELIUS Equity Opportunities SE & Co. KGaA (ISIN
DE000A0JK2A8), has acquired a 4-star hotel and the associated hotel property
in Göttingen. The sales transaction is part of a company succession plan. In
future the new hotel will be able to benefit from synergies and the
group-wide marketing activities of GHOTEL hotel & living. The parties have
agreed not to disclose financial details of the transaction.
The 4-star hotel, which is located in central Göttingen, has 144 rooms,
seven conference rooms, four workshop rooms, a restaurant and a bar. The
hotel is in direct proximity to Göttingens' historic Engine Shed, a
multi-purpose hall where major events such as trade fairs, concerts and
conferences are held. The hotel is well-connected to commuter transport
services, national rail services as well as the motorway network and is used
by business guests in particular. Göttingen's ten largest employers are
located in an approximately 2.5 kilometre radius. Göttingen is a university
city with just under 120,000 residents and is located in the economically
strong Hanover-Braunschweig-Göttingen-Wolfsburg metropolitan region. The
hotel was built in 1998, is in good condition and is to be upgraded and
redesigned by the new owner.
"We are very pleased about this additional step in the growth of our hotel
group. This acquisition means that we will be able to offer our guests
another attractive location," says Jens Lehmann, managing director of GHOTEL
hotel & living. "Over the last three months we have been able to expand with
another five locations and over the next two years, GHOTEL hotel & living
will be twice the size it is today."
About GHOTEL hotel & living
GHOTEL hotel & living is a fast-growing hotel and apartment house chain with
mostly 3-star properties in various German cities. The business hotels with
modern conference rooms are marketed under the brand name "GHOTEL hotel &
living" and are located in Kiel, Hanover, Koblenz, Munich, Würzburg and
Essen. GHOTEL hotel & living also operates apartment houses in Bonn and
Munich that specialise in short-term accommodation; these are marketed under
the brand name GHOTEL living. The administrative main office of GHOTEL GmbH
is located in Bonn and the company has been a member of the AURELIUS Group
since December 2006. The managing directors of GHOTEL GmbH are Wolfgang
Zurner and Jens Lehmann.
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 1.8 billion as of March 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: [email protected]
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07.03.2018 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.
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Financial/Corporate News and Press Releases.
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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: [email protected]
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
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661135 07.03.2018
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