DGAP-News: AURELIUS closes acquisition of GKN Wheels & Structures


 

DGAP-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Takeover
AURELIUS closes acquisition of GKN Wheels & Structures

26.11.2020 / 07:00
The issuer is solely responsible for the content of this announcement.


AURELIUS closes acquisition of GKN Wheels & Structures

Munich/London, November 26, 2020 - AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8) announces the completion of its acquisition of GKN Wheels & Structures from GKN.

GKN Wheels & Structures is one of the world's leading manufacturers of off-highway wheels and an innovative engineering solutions provider. The company employs c. 900 people worldwide with four manufacturing facilities in the UK, USA and Denmark in addition to test centres in Italy and the USA. In 2019, GKN Wheels & Structures generated global sales of over GBP170m, demonstrating the company's eminent position as a market leading supplier to the global agricultural, construction, automotive, industrial and mining industries and many of the leading international original equipment manufacturers, distributors and integrators.

The transaction demonstrates AURELIUS expertise in executing complex cross-border carve-outs from large corporates. GKN Wheels & Structures will provide a strong platform for future add-on acquisitions. In the coming months, AURELIUS will support GKN Wheels & Structures in executing its carve-out from GKN, ensuring continuity in the company's day-to-day operations, to establish the business under a new brand name and as a standalone entity.

AURELIUS was advised by Rothschild & Co (financial), Goodwin Procter (legal) and KPMG (tax).
 

ABOUT AURELIUS
AURELIUS Group is a pan-European investment group with offices in Munich, London, Stockholm, Madrid and Amsterdam. Since it was founded in 2006, AURELIUS has grown from a local turnaround investor to an international multi-asset manager.

AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8, ticker symbol: AR4) is the listed entity within AURELIUS Group and focuses on investing in mid-market corporate carve-outs and platform build-ups in a broad range of industries. With a team of approximately 100 in-house operations experts, AURELIUS actively supports its portfolio companies in their long-term development. AURELIUS Equity Opportunities currently has 26 portfolio companies located across Europe which employ around 13,000 people and generate annual revenues of approx. EUR 3.0 billion. The shares of AURELIUS Equity Opportunities are traded on all German stock exchanges.

AURELIUS Group also operates in the areas of growth capital, real estate opportunities and debt. AURELIUS Growth Investments invests in leveraged buyouts usually in succession or corporate spin-off situations. AURELIUS Real Estate Opportunities focuses on real estate investments, the value of which can be increased in the long-term by means of active management. AURELIUS Finance Company is an alternative direct lender, focused on providing flexible debt solutions to small and mid-market firms across Europe.

With its group charity AURELIUS Refugee Initiative e.V., AURELIUS provides comprehensive support for refugees on their way towards a better life.

To find out more, visit www.aureliusinvest.de.

ABOUT GKN WHEELS & STRUCTURES

GKN Wheels and Structures is one of the world's leading manufacturers of off highway wheels and an innovative engineering solutions provider. The company offers a full service from wheel design, manufacture and testing through to after sales support from its global team of commercial and engineering experts. GKN Wheels supplies the global agricultural, construction, automotive, industrial and mining industries and many of the leading international OEMs, distributors and integrators.

The company employs c. 900 people worldwide with four manufacturing facilities in the UK (Telford), USA (Armstrong and Estherville) and Denmark (Nagbol) and two test centres in Italy (Brescia) and the USA (Woodridge).

CONTACT

AURELIUS Group
Anke Banaschewski
Investor Relations & Corporate Communications
Phone: +49 (89) 544799 - 0
Fax: +49 (89) 544799 - 55
E-mail: [email protected]

Hawthorn Advisors
Ryan Smith
Phone: +44 (0) 7854 750 943
E-mail: [email protected]




Contact:
AURELIUS Group
Anke Banaschewski
Investor Relations & Corporate Communications
Phone: +49 (89) 544799-0
Fax: +49 (89) 544799-55
E-Mail: [email protected]


26.11.2020 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, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID: 1150697

 
End of News DGAP News Service

1150697  26.11.2020 

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 1.596,06 1.574,86 2.998,35 2.902,94 3.612,00 3.150,50 3.380,00
EBITDA1,2 188,88 35,44 272,56 65,72 80,30 361,50 180,00
EBITDA-Marge3 11,83 2,25 9,09 2,26 2,22 11,47 5,33
EBIT1,4 117,35 -22,64 202,00 11,69 -84,20 85,90 40,00
EBIT-Marge5 7,35 -1,44 6,74 0,40 -2,33 2,73 1,18
Jahresüberschuss1 155,45 -10,48 484,49 -39,52 18,27 121,60 15,00
Netto-Marge6 9,74 -0,67 16,16 -1,36 0,51 3,86 0,44
Cashflow1,7 138,04 1,11 -132,16 -50,00 -76,10 227,50 100,00
Ergebnis je Aktie8 3,81 -1,19 5,98 -1,43 -3,43 1,31 0,50
Dividende8 2,45 4,00 5,00 3,00 0,00 1,00 1,25
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: KPMG

INVESTOR-INFORMATIONEN
©boersengefluester.de
Aurelius Equity Opportunities
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0JK2A 26,140 Kaufen 778,19
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
16,34 10,12 1,62 22,65
KBV KCV KUV EV/EBITDA
1,79 3,42 0,25 2,18
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
Hauptversammlung
0,00 1,00 3,83 18.05.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
13.05.2021 12.08.2021 11.11.2021 31.03.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-0,11% 17,17% 50,23% 99,39%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu AURELIUS Equity Opportunities SE & Co. KGaA  ISIN: DE000A0JK2A8 können Sie bei DGAP abrufen

Beteiligungen , A0JK2A , AR4 , XETR:AR4