AURELIUS Equity Opportunities SE & Co. KGaA
AURELIUS acquires catamaran builder Privilège
DGAP-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Takeover AURELIUS acquires catamaran builder Privilège – Privilège set to strengthen AURELIUS in the maritime sector – Brand portfolio of AURELIUS subsidiary HanseYachts AG to be complemented – Takeover of the Privilège shipyard in Les Sables-d’Olonne (France) – Philosophy and production process of HanseYachts and Privilège very similar to a large extent Munich/Greifswald, 19 May 2017 – AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8) has acquired a majority stake in French catamaran builder Privilège. With the exception of CEO Gilles Wagner, who will remain in office, all previous owners have sold their shares. Privilège will continue to exist as an independent brand. There are major synergies with AURELIUS group company HanseYachts AG, and the new equity investment allows AURELIUS and HanseYachts to enter the high-growth catamaran market. HanseYachts will thus market seven world-renowned sailing boat and motor yacht brands going forward. Privilège and HanseYachts have the same concept when it comes to building boats: Both build premium-segment owner yachts that are sporty, luxurious and above all else particularly seaworthy. The location of the Privilège shipyard in Les Sables-d’Olonne (France) is to be maintained and expanded. The aim is to combine the expertise of HanseYachts in the series production of yachts with the catamaran-building experience of Privilège in order to make the Privilège brand one of the world’s most successful luxury catamaran brands. All yachts currently being built by Privilège will be handed over to their owners as planned, and all current models will continue to be available for order. Gert Purkert, Executive Board member at AURELIUS, says: “The high-margin catamaran market has seen particularly strong growth in the past years. HanseYachts has not been able to share in this development so far, because it was not even possible to manufacture yachts of this breadth in the existing production facilities. In recent weeks, we have analysed the shipyard and the products of Privilège in detail and have found that the philosophy and products of Privilège are a good fit for us and for our corporate culture. The popular and well-known Privilège brand will complement the HanseYachts portfolio perfectly. It is also expected that the HanseYachts Greifswald site will be able to take over certain processes in future. For example, we will examine whether a range of Privilège preliminary products that so far had to be purchased can be manufactured here.” Gilles Wagner, CEO of Privilège, adds: “Our remit is to build luxury catamarans that are especially sturdy. Just like HanseYachts, we place a special emphasis on longevity, craftsmanship, design and simple handling for all of the yachts from our shipyard. The production methods of Privilège and HanseYachts are also very similar. In addition, HanseYachts is much larger than Privilège and has a global presence. As a result, we and our clients will benefit especially from the strong, worldwide network of sales and service points. Consequently we are very much looking forward to working together with HanseYachts.” About Privilège: With EUPHORIE 5 and FURIO 6, the shipyard offers elegant and high-performance power catamarans in addition to sailing catamarans. The philosophy of PRIVILEGE MARINE is heavily customer-focused. Each individual yacht in the different model ranges is unique, boasts a high quality finish and is made to client specifications. About HanseYachts: ABOUT AURELIUS AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8, Ticker Symbol: AR4) represents the listed entity within the AURELIUS Group that focusses on investing in Special Situations and MidMarket transaction opportunities. AURELIUS Equity Opportunities currently has 24 portfolio companies located across Europe which employ around 25,000 people and generate annual revenues of more than EUR 4.0 billion. The shares of AURELIUS Equity Opportunities are traded on all German stock exchanges with a market capitalization of c. EUR 1.4 billion as of May 2017. With its group charity AURELIUS Refugee Initiative, AURELIUS provides comprehensive support for refugees on their way towards a better life. To find out more, visit www.aureliusinvest.com CONTACT Contact: AURELIUS Group Anke Banaschewski Investor Relations & Corporate Communications Phone: +49 (89) 544799-0 Fax: +49 (89) 544799-55 E-Mail: investor@aureliusinvest.de
19.05.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | AURELIUS Equity Opportunities SE & Co. KGaA |
Ludwig-Ganghofer-Straße 6 | |
82031 Grünwald | |
Germany | |
Phone: | +49 (0)89 544 799-0 |
Fax: | +49 (0)89 544 799-55 |
E-mail: | info@aureliusinvest.de |
Internet: | www.aureliusinvest.de |
ISIN: | DE000A0JK2A8 |
WKN: | A0JK2A |
Listed: | Regulated Unofficial Market in Berlin, Munich, Stuttgart, Tradegate Exchange; Open Market in Frankfurt |
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