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DGAP-News: AURELIUS successfully closes sale of the GHOTEL Group to Art-Invest Real Estate


DGAP-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Miscellaneous
AURELIUS successfully closes sale of the GHOTEL Group to Art-Invest Real Estate

02.03.2020 / 07:00
The issuer is solely responsible for the content of this announcement.


AURELIUS successfully closes sale of the GHOTEL Group to Art-Invest Real Estate

Munich, March 2, 2020 - AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8) successfully closed the sale of its subsidiary GHOTEL hotel & living to the Cologne-based Art-Invest Real Estate Group on February 28, 2020.

The buyer Art-Invest Real Estate engages in real estate development and also makes hotel investments and operates hotels through several investment vehicles. The GHOTEL Group has belonged to the equity investment portfolio of the AURELIUS Group already since 2006. During this time, it was developed into a fast-growing, dynamic operator of business hotels with currently 17 locations. By opening new locations and pursuing a successful buy-and-build strategy, it more than doubled its revenues to currently around EUR 60 million in the last three years. The GHOTEL Group is set to continue this positive growth in the coming years, having already signed agreements to open eight additional hotels by 2023.
 

ABOUT AURELIUS

AURELIUS Group is a pan-European investment group with offices in Munich, London, Stockholm, Madrid and Amsterdam. Since it was founded in 2006, AURELIUS has grown from a local turnaround investor to an international multi-asset manager.

AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8, ticker symbol: AR4) is the listed entity within AURELIUS Group and focuses on investing in mid-market corporate carve-outs and platform build-ups in a broad range of industries. With a team of more than 80 in-house operations experts, AURELIUS actively supports its portfolio companies in their long-term development. AURELIUS Equity Opportunities currently has 24 portfolio companies located across Europe which employ around 13,000 people and generate annual revenues of approx. EUR 3.5 billion. The shares of AURELIUS Equity Opportunities are traded on all German stock exchanges. The company's market capitalization is approx. EUR 0.8 billion (as of March 2020).

AURELIUS Group also operates in the areas of growth capital, real estate opportunities and alternative debt solutions. AURELIUS Growth Capital invests in leveraged buyouts in mid-market succession or corporate spin-off situations. AURELIUS Real Estate Opportunities focuses on real estate investments, the value of which can be increased in the long-term by means of active management. AURELIUS Finance Company provides flexible debt solutions to firms across Europe.

With its group charity AURELIUS Refugee Initiative e.V., AURELIUS provides comprehensive support for refugees on their way towards a better life.

To find out more, visit www.aureliusinvest.de.

CONTACT

AURELIUS Group
Anke Banaschewski
Investor Relations & Corporate Communications
Phone: +49 (89) 544799 - 0
Fax: +49 (89) 544799 - 55
E-mail: [email protected]


 


02.03.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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: [email protected]
Internet: www.aureliusinvest.de
ISIN: DE000A0JK2A8
WKN: A0JK2A
Listed: Regulated Unofficial Market in Berlin, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID: 986867

 
End of News DGAP News Service

986867  02.03.2020 

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