DGAP-News

BPG Building Partners Group continues its expansion strategy with the acquisition of GSB Gerüstbau - Seite 2

Alexander Steinberg, CEO of BPG Group, comments on the transaction as follows: "With the acquisition of GSB Gerüstbau, BPG continues to consistently pursue its strategy of positioning itself as the leading scaffolding and construction logistics company in Germany. The acquisition of GSB Gerüstbau is of particular strategic importance since it will help to increase our market share in the Rhein-Neckar and Rhein-Main regions."

BPG Group, headquartered in Wandlitz near Berlin, is a leading scaffolding and construction services company operating throughout Germany. The company sees itself as an expert in all aspects of scaffolding. In addition, BPG Group offers a comprehensive range of services related to the assembly of construction sites and in the field of construction logistics. These services include, for example, elevator and lifting technology, winter constructions and heating, construction of electricity and water management systems, and the control and support in logistics. Since the acquisition in 2014, AURELIUS has been providing operational and financial support to BPG Group in order to implement its targeted growth strategy and for expanding the Group's business activities in Germany. Since 2014, BPG Group has already acquired BSB Bau- und Spezialgerüstbau Franke & Wagner GmbH and the business operations of the Munich-based scaffolding company Gustav Raetz. In the future, the Group plans to further increase its market shares in the DACH region through strategic growth measures and add-on acquisitions.

The transaction was closed on March 31, 2021.

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 27 portfolio companies located across Europe which employ around 12,500 people and generate annual revenues of approx. EUR 3.4 billion. The shares of AURELIUS Equity Opportunities are traded on all German stock exchanges.