AURELIUS acquires the business of Reuss-Seifert & Hammerl Group
- Leading manufacturer of building materials for the concrete industry
- Further platform investment in the Industrial Production segment
Munich, November 23, 2015 – The AURELIUS Group (ISIN DE000A0JK2A8) is acquiring the business of the Reuss-Seifert & Hammerl Group. Reuss-Seifert & Hammerl is one of the leading European manufacturers of spacers made of plastic, steel and concrete, construction films as well as other consumables for the concrete construction industry. With its workforce of more than 300 skilled employees, Reuss-Seifert & Hammerl generated revenues of around EUR 60 million last year. The parties have agreed not to disclose the purchase price.
Reuss-Seifert has its head office in Sprockhövel, North-Rhine Westphalia, and Hammerl in Gemmrigheim near Stuttgart. The Group has a total of six production facilities (five in Germany and one in Poland) together with two further locations in Germany and the Czech Republic. Most of the revenues are generated with customers in Germany, the Benelux states, Scandinavia, France, Austria, and Switzerland. In its role as a supplier of consumables and accessories for the concrete construction trade, the Reuss-Seifert & Hammerl Group represents an attractive platform for using new products to penetrate deeper into existing markets and also enter new markets.
For AURELIUS, the Reuss-Seifert & Hammerl Group is an attractive addition to its portfolio of mid-sized industrial enterprises. AURELIUS Executive Board member Gert Purkert comments: “Reuss-Seifert & Hammerl is a typical AURELIUS transaction for which we see plenty of development potential that our Task Force specialists can unlock.”