DGAP-News: AURELIUS sells MEZ handicraft products business in continental Europe to a Swiss entrepreneur
DGAP-News: AURELIUS Equity Opportunities SE & Co. KGaA
/ Key word(s): Disposal
AURELIUS sells MEZ handicraft products business in continental Europe to a Swiss entrepreneur - MEZ Group on a course of growth after the reorientation by AURELIUS - The continental European business is now being sold after the sale of the company's activities in the UK and North America a few months ago - Existing management team of MEZ to remain on board Munich, July 7, 2020 - AURELIUS Equity Opportunities SE & Co. KGaA (ISIN DE000A0JK2A8) is selling its subsidiary MEZ GmbH, which is headquartered in the Baden-Württemberg town of Herbolzheim, to a Swiss entrepreneur. With a history dating back more than 100 years, MEZ is one of the leading vendors of handicraft products in Europe, with its own production facility in Hungary. It has belonged to the AURELIUS Group since 2015. The transaction is expected to close in July. The parties have agreed not to disclose financial details. 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 22 portfolio companies located across Europe which employ around 15,000 people and generate annual revenues of approx. EUR 3.4 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 Capital 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. CONTACT
07.07.2020 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: | [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: | 1087495 |
End of News | DGAP News Service |
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1087495 07.07.2020