AURELIUS Equity Opportunities SE & Co. KGaA

11/18/2021 | Press release | Distributed by Public on 11/18/2021 00:34

AURELIUS Equity Opportunities successfully completes the acquisition of Unilux

AURELIUS Equity Opportunities successfully completes the acquisition of Unilux

  • Third classic carve-out transaction in 2021
  • Unilux is a German producer of high-quality window and door solutions for private households
  • Further transactions expected in the coming weeks

Munich, November 18, 2021 - AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8) has successfully completed the acquisition of Unilux from the current owner, Dovista A/S ("Dovista"), with effect from November 17, 2021. The transaction is, after the acquisition of Hüppe and Remi Claeys, the third classic carve-out transaction of AURELIUS Equity Opportunities in 2021 and again demonstrates the special expertise of AURELIUS in this area. In addition, four add-on acquisitions and three co-investments have already been carried out in the current year.

Unilux is a German producer of high-quality window and door solutions for private households with a strong customer base in the DACH region as well as the US and revenues of more than EUR 40 million in 2020. Unilux was founded in the 1970 by Nikolaus Meeth, a German carpenter, and acquired by WERU GmbH in 2014 and in September 2021 by its current ultimate owner Dovista. The brand is very well-known and perceived for its premium window and door solutions. Along with an in-house sales force, Unilux was able to show solid performance over years. Unilux is headquartered in Salmtal, Germany with more than 300 employees.

AURELIUS will support Unilux in realising its significant growth potential both in the market segment for wood and wood-aluminium products, where the company is already a market leader, as well as in the market for PVC products, where further potential is to be realised. Following the acquisition, AURELIUS and Unilux will thus focus on streamlining the company's operations, focusing on growth potential in the premium segment and strengthening central team functions and the sales organization to help lead the German manufacturer into the next period of growth.

"I am delighted to welcome Unilux, a company with a very good positioning and great products, to AURELIUS. Together we will lead Unilux into the next growth phase," says Matthias Täubl, CEO of AURELIUS Equity Opportunities SE & Co. KGaA. "With the acquisition of Unilux, we have once again been able to position ourselves as a specialist for corporate carve-outs. We see a very well-filled transaction pipeline in all three investment areas - platform investments, add-ons and also co-investments - and will execute further transactions in the coming weeks."