DGAP-News: AURELIUS Equity Opportunities acquires Unilux

AURELIUS Equity Opportunities acquires Unilux

- AURELIUS acquires Unilux, a German producer of high-quality window and door solutions for private households

- Unilux has a strong customer base in the DACH region as well as the US and generated more than EUR 40 million in revenues in 2020

- Carve-out deal that allows AURELIUS to lift significant growth potential through streamlining of current operations and fostering of sales initiatives

Munich, October 13, 2021 - AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8) announces its acquisition of Unilux ("Unilux") via a carve-out transaction with Unilux' current shareholder, Dovista A/S ("Dovista"). Unilux is a German producer of high-quality window and door solutions for private households with a strong customer base in the DACH region as well as the US and revenues of more than EUR 40 million in 2020. The financial terms of the deal are undisclosed. The transaction is subject to approval by the relevant antitrust authorities and is expected to close in the fourth quarter of this year.

Unilux was founded in the 1970 by Nikolaus Meeth, a German carpenter, and acquired by WERU GmbH in 2014 and in September 2021 by its current ultimate owner Dovista. The brand is very well-known and perceived for its premium window and door solutions. Along with an in-house sales force, Unilux was able to show solid performance over years. Unilux is headquartered in Salmtal, Germany with more than 300 employees.

AURELIUS will support Unilux in realising its significant growth potential both in the market segment for wood and wood-aluminium products, where the company is already a market leader, as well as in the market for PVC products, where further potential is to be realised. Following the acquisition, AURELIUS and Unilux will thus focus on streamlining the company's operations, focusing on growth potential in the premium segment and strengthening central team functions and the sales organization to help lead the German manufacturer into the next period of growth.

Matthias Täubl, CEO of AURELIUS Equity Opportunities SE & Co. KGaA, said: "We are very excited that Unilux joins our portfolio as it has a unique market position in a sector that has seen strong growth in recent years due to robust growth in construction. Our journey together sets off from an excellent position in the market for premium wood and wood-aluminium products and we are confident that we will be able to help Unilux realising its full potential regarding premium products.

We are looking forward to supporting Unilux with its year-long expertise on corporate carve-outs and ensure that the company is all set for its future growth. This transaction is another great example of our ability to source and execute complex carve-out transactions in key European markets. We continue to see a very promising deal pipeline in this area and the potential to complete further deals until the end of the year."

 

ABOUT AURELIUS


AURELIUS Group is a pan-European asset management group with offices in Munich, London, Stockholm, Madrid, Amsterdam, Milan and Luxembourg.

Key investment platforms are its AURELIUS European Opportunities IV fund as well as listed AURELIUS Equity Opportunities SE & Co. KGaA ("AEO"; ISIN: DE000A0JK2A8), which acquire corporate carve-outs and companies with development potential in the mid-market (fund) and lower mid-market sector (AEO). The investment strategy's core element is operational support of its portfolio companies with a team of almost 100 in-house operating taskforce experts. AURELIUS Group also operates in the areas of growth capital, real estate opportunities and debt. 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.aurelius-group.com

CONTACT

AURELIUS Group

Investor Relations & Corporate Communications

Phone: +49 (89) 544799 - 0

Fax: +49 (89) 544799 - 55

E-mail: [email protected]