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    DGAP-News  324  0 Kommentare AURELIUS to successfully complete the acquisition of the EMEA Crafts business of market leader Coats Group plc


    DGAP-News: AURELIUS AG / Key word(s): Acquisition
    AURELIUS to successfully complete the acquisition of the EMEA Crafts
    business of market leader Coats Group plc

    28.07.2015 / 15:22

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    AURELIUS to successfully complete the acquisition of the EMEA Crafts
    business of market leader Coats Group plc

    Munich, July 28, 2015 - The AURELIUS Group (ISIN DE000A0JK2A8) announces
    that the acquisition of the EMEA Crafts business of UK headquartered Coats
    Group plc, the world's leading industrial thread and consumer textile
    crafts business, announced in the first quarter of 2015 will complete on 31
    July 2015.

    The Coats EMEA Crafts business is the leading supplier of textile craft
    products in Europe, with a history going back 250 years. The acquisition
    covers the headquarters in Germany and the warehouse and production
    facility in Hungary. With about 900 employees, the business generated
    revenues of USD 125 million in 18 European countries in 2014.

    AURELIUS is experienced in conducting complex carve-out transactions and
    specializes in the acquisition of companies with operational improvement
    potential. AURELIUS' experts will devote their full attention to the EMEA
    Crafts business and support the current management team in setting up the
    business as a flexible, independent entity. Besides implementing
    operational improvement measures, AURELIUS will focus on the long-term
    strategic direction of the Crafts business.

    "We are delighted to be successfully completing this transaction. The
    pan-European positioning of Coats makes a very good fit with our business
    model. The AURELIUS team will now devote its full attention to the
    operational reorganization of the acquired unit, so that it is optimally
    configured for the future," said Dr. Dirk Markus, Chairman of the Executive
    Board of AURELIUS AG. "In view of our well-filled transaction pipeline, we
    are very optimistic about our prospects for the remainder of the year. 2015
    will be yet another successful year for the AURELIUS Group."

    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 21 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 +49 (89) 544799 - 0
    Fax +49 (89) 544799 - 55
    investor@aureliusinvest.de



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    28.07.2015 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

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    DGAP-News AURELIUS to successfully complete the acquisition of the EMEA Crafts business of market leader Coats Group plc DGAP-News: AURELIUS AG / Key word(s): Acquisition AURELIUS to successfully complete the acquisition of the EMEA Crafts business of market leader Coats Group plc 28.07.2015 / 15:22 --------------------------------------------------------------------- …