DGAP-News

AURELIUS buys European activities of Tavex Group

DGAP-News: AURELIUS AG / Key word(s): Acquisition
AURELIUS buys European activities of Tavex Group

05.02.2015 / 07:30

---------------------------------------------------------------------

AURELIUS buys European activities of Tavex Group

- Profitable revenues of EUR 45 million with denim material for jeans
production

- Head office and logistics in Spain; production in Morocco

- Modern infrastructure and significant growth potential

Munich, February 5, 2015 - The AURELIUS Group (ISIN DE000A0JK2A8) is
acquiring the European activities of Tavex Group. The division produces
denim material for prestigious jeans producers primarily in Southern and
Western Europe. In 2014, 580 employees generated revenues of EUR 45 million
and positive earnings before interest, taxes, depreciation and amortization
(EBITDA). The European activities concentrate exclusively on the production
of high quality denim material. With the disposal, the Brazil-based parent
company Tavex SA, is systematically pressing ahead with its strategy of
concentrating on its core operations in South America.

The European operation of Tavex has its head office in Bergara, Spain. The
central logistics facility is similarly found in Spain. The company-owned
production plant is located in Settat, Morocco. The facility has the
capability to turn out over 17,000 kilometers of material each year and its
capacity is currently well used. In addition, more than 20 sales
representatives work for the company throughout Europe. "The purchase of
the European activities of Tavex is a classic AURELIUS deal," comments
Donatus Albrecht, the member of the AURELIUS Executive Board responsible
for M&A activities. "The growth prospects are large. We should be able to
boost revenues and profitability quickly by implementing a strategic
reorientation, enhancing cost efficiency and tapping new markets in
northern Europe."

The units acquired possess a whole host of competitive advantages. The
logistics center in Navarres is state-of-the-art, with an amount in the
mid-double-digit millions invested in the facility since 2007. The plant
today runs on impressively low selling costs coupled with fast response and
delivery speeds. Thanks to the geographical proximity of the production
facility to the fast-changing clothing industry in Europe, the division is
in a position to gain market share through price, quality and services over
the coming years. "The acquisition of the European activities of Tavex is a
further step to reinforce the international operations of AURELIUS," says
CEO Dr. Dirk Markus. "The strategy of maintaining a local presence in Spain
is paying off."

ABOUT AURELIUS
AURELIUS is one of the leading European investment groups. From its offices
in Munich, London, Stockholm and Madrid, AURELIUS acquires participations
with development potential. Once under the AURELIUS umbrella, the
acquisitions are given a long-term strategic orientation in order for them
to fully develop their potential.

Currently, the AURELIUS Group consists of 20 subsidiaries with locations in
Europe, Asia, and the U.S.A. These include numerous traditional consumer
brands, services businesses and a number of industrial enterprises.
Companies are acquired based on strict investment criteria without focusing
on any particular industry. Shares of AURELIUS AG are listed in the
m:access segment of the Munich Stock Exchange and are traded on all German
stock markets under ISIN DE000A0JK2A8.

To find out more, visit www.aureliusinvest.com

CONTACT
Anke Banaschewski
Investor Relations & Corporate Communications
Phone [phone] - 0
Fax [phone] - 55
[e-mail]



---------------------------------------------------------------------

05.02.2015 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.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------


319739 05.02.2015