Aurelius Group

Aurelius Group is an asset management group with offices in five European countries.[1]

AURELIUS Equity Opportunities SE & Co. KGaA
ISINDE000A0JK2A8 
IndustryAsset Manager
Founded2005
FounderDirk Markus, Gert Purkert
Headquarters
Grünwald 
,
Germany 
Key people
Dirk Markus, Gert Purkert, Donatus Albrecht, Steffen Schiefer, Fritz Seemann, Matthias Täubl
DivisionsAurelius Equity Opportunities SE & Co. KGaA (AEO, listed division)

Aurelius Growth Investments (AGI)
Aurelius Real Estate Opportunities (AREO)
Aurelius Finance Company (AFC)

Aurelius Refugee Initiative eV (ARI, charitable division)
Websitewww.aurelius-group.com

History

In 2005, Dirk Markus and Gert Purkert, both former McKinsey consultants, founded Aurelius as a privately held investment vehicle investing in small- and medium-sized companies.

In 2006 listed subsidiary Aurelius AG (today: Aurelius Equity Opportunities SE & Co. KgaA) was set up with a start-up capital of 500,000 euros.[2]

On October 1, 2015, Aurelius changed from a joint-stock company into an SE & Co. KGaA.[3]

Divisions

Due to Aurelius Group’s approach to buying and developing value assets, it is often referred to as the German Berkshire Hathaway.[4] It has five divisions:[5]

  • Aurelius Equity Opportunities
  • Aurelius Growth Investments
  • Aurelius Real Estate Opportunities
  • Aurelius Finance Company
  • Aurelius Refugee InitiativeIn

Recent Acquisitions

In 2014 the firm acquired the shoe business of Dr. Scholls from Reckitt Benckiser[6]. In 2016 it acquired the European Business of Office Depot[7] and bought Calumet Photographic, Europe's largest photo equipment dealer[8]. In 2018 it bought Ideal World, a British home-shopping TV Channel[9], and acquired Connect Books from Connect Group[10], renaming it to Bertrams Group.[11]

Recent Exits

In 2017 it sold Getronics for 220 million Euros; [12] it had been acquired from KPN in 2012[13]. That year, it also sold Secop for 185 million Euros, which had been acquired from Danfoss in 2010[14].

Official website

References
  1. "DGAP-News: AURELIUS Group to expand its management team". Business Insider. July 17, 2018.
  2. HRB 221100 Publicised: 02.10.2015. "Registerportal". www.handelsregister.de (in German). Retrieved 2019-01-22.
  3. "Filing in Commercial Register completed".
  4. "A German holding company that Warren Buffett certainly would approve of: Aurelius. (translated from German)". boerse.de (in German). Retrieved 2019-01-22.
  5. "Aurelius Group". Archived from the original on 2018-08-06. Retrieved 2019-02-02.
  6. "Aurelius buys Scholl shoe business from Reckitt Benckiser". Reuters. 2014-07-21. Retrieved 2019-02-27.
  7. "Office Depot Agrees to Sell European Business to Aurelius Group".
  8. "Photography Chain Seeks Focus With Aurelius". Sky News. Retrieved 2019-02-27.
  9. "Ideal Shopping Direct". Crunchbase. Retrieved 2019-02-27.
  10. "Private equity firm Aurelius buys Connect Books | The Bookseller". www.thebookseller.com. Retrieved 2019-02-27.
  11. "Bertram Books - Your leading global book wholesaler". www.bertrams.com. Retrieved 2019-02-27.
  12. "BRIEF-Aurelius sells Getronics Group". Reuters. 2017-07-06. Retrieved 2019-02-27.
  13. "Getronics sold off in KPN shake-up". MicroscopeUK. Retrieved 2019-02-27.
  14. CNBC (2017-04-24). "Nidec to Acquire Secop Group (Secop Holding GmbH and Other 3 Entities), a German Compressor Manufacturer". www.cnbc.com. Retrieved 2019-02-27.
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