EQS-News

AURELIUS Equity Opportunities sells Distrelec Group to RS Group

EQS-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Disposal AURELIUS Equity Opportunities sells Distrelec Group to RS Group 27.04.2023 / 08:04 CET/CEST The issuer is solely responsible for the content of this announcement. AURELIUS Equity Opportunities sells Distrelec Group to RS Group

• Leading European B2B distributor of electronic and technical components, acquired in 2020
• Carve-out process and following transformation managed by AURELIUS task force
• Strong growth path boosting digitalisation and improving operational standards

Munich, April 27, 2023 – AURELIUS Equity Opportunities SE & Co. KGaA (AURELIUS; ISIN: DE000A0JK2A8) sells Distrelec Group, a leading European B2B distributor of electronic and technical components, to RS Group, a global omni-channel provider of industrial product and service solutions. The transaction is valued at an enterprise value of EUR 365m resulting in an equity value of around EUR 200m, after considering all deductible items, minority positions, variable compensation and transaction costs. Closing is expected in Q3 2023 or earlier.

Distrelec was founded in 1973 and is headquartered in Manchester, UK. The company is a leading European B2B distributor of electronic and technical components with around 400 employees. Beyond its main markets of Switzerland, Germany and Sweden, with active sales teams Distrelec holds a strong presence in 19 European countries. Its product range is comprised of Maintenance, Repair & Operations (MRO) components, targeting B2B customers. AURELIUS acquired Distrelec as a carve-out from Dätwyler Group in March 2020. Jointly with Dätwyler, AURELIUS Group successfully managed the carve-out process within the agreed timeframe. Since then, AURELIUS´ operational task force has supported Distrelec in becoming an established stand-alone business and helped guide the company on its successful growth path.