Financial transaction

AURELIUS acquires dental bauer and Pluradent in a combined transaction to form Germany’s leading dental distribution platform

DGAP-News: AURELIUS Group / Key word(s): Acquisition
AURELIUS acquires dental bauer and Pluradent in a combined transaction to form Germany’s leading dental distribution platform
20.06.2022 / 07:30
The issuer is solely responsible for the content of this announcement.

AURELIUS acquires dental bauer and Pluradent in a combined transaction to form Germany’s leading dental distribution platform

  • AURELIUS agrees to acquire Dental Bauer from the Linneweh family and Pluradent from self-administration

  • The combination of the two companies creates a leading dental distribution platform in Germany with more than 300 million euros in turnover

  • Linneweh Family Reinvests Significantly in New Common Platform and Will Drive Growth with Support from AURELIUS

  • 6e transaction within the AURELIUS co-investment structure

Luxembourg/Munich, June 20, 2022 – AURELIUS announces the simultaneous acquisition of dental bauer and Pluradent, two German dental distribution companies. Transactions are carried out in close cooperation with the Linneweh family, who have developed Dental Bauer with great success over the past decades. The Linneweh family reinvests in the newly created market player and remains on board as the management team to advance, together with AURELIUS, the integration of the two companies and the further development into a European dental distribution platform leading.

The operation will be completed by the AURELIUS co-investment structure comprising the AURELIUS European Opportunities IV fund and the AURELIUS Equity Opportunities fund. The expected closing of the transaction is expected in the third quarter of 2022, subject to approval by the relevant competition and regulatory authorities.

“We are proud to have completed the simultaneous acquisition of the two companies, which underlines AURELIUS’ ability to carry out complex transactions. The combination of the Linneweh family’s deep market experience and AURELIUS’ expertise in business development creates an ideal setup to jointly build a new European market leader,” says Dr. Dirk Markus, Founding Partner by AURELIUS.

Jörg and Jochen G. Linneweh, Managing Directors of dental bauer, said: “We are absolutely convinced that in AURELIUS we have found the right partner for the next stage of our development at dental bauer. We are excited about the opportunity to create a major player in dental distribution by joining forces with Pluradent and warmly welcome all new colleagues.”

dental bauer is one of the leading dental depots in the DACH region and the Netherlands. Founded in 1947, the family business offers consumables, capital goods and appliances, as well as technical and consulting services to dental practices and laboratories. dental bauer has been growing for many years through a lean and flexible organization, the establishment of new branches and locations, and increasingly large acquisitions within the industry.

Pluradent, headquartered in Offenbach am Main, is a well-known German dental distributor, supplying dental facilities with consumable materials, equipment and devices, as well as technical services. The group also operates subsidiaries in Austria and Poland and an own distribution center in Kassel, Germany. After the company faced financial difficulties during the COVID pandemic, insolvency proceedings were opened recently.

AURELIUS will continue the existing business model of both companies as a dental distributor with a full range of products and all associated service parameters (materials, equipment and technical service). The combined business will generate more than €300 million in revenue in DACH and adjacent markets. On this basis, AURELIUS will develop the group into a leading platform in the European dental distribution market through further purchasing and construction activities.

AURELIUS was advised on the transactions by LBBW (M&A), Noerr (Legal), Haver&Mailänder (Legal) Roland Berger (Commercial), OMMAX (Digital), Accuracy (Financial), Oppenhoff (Tax), Intargia (IT), EURO Transaction Solutions (Insurance).

ABOUT AURELIUS

AURELIUS is a pan-European alternative investment company. Deep operational expertise and experience enable AURELIUS to accelerate value creation within its portfolio companies. The Group has offices in London, Luxembourg, Munich, Amsterdam, Stockholm, Madrid, Milan and Düsseldorf.

Our main investment platforms are the AURELIUS European Opportunities IV fund and the listed AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8, Ticker symbol: AR4), which specialize in corporate carve-outs and the acquisition of companies with medium-term development potential. market. The central element of the investment strategy is the growth of its portfolio companies, supported by a team of almost 100 experts from the operational working group.

AURELIUS Group also operates in the fields of growth capital, real estate and alternative credit solutions. AURELIUS Growth Investments participates in leveraged buyouts in mid-size estate situations. AURELIUS Real Estate Opportunities focuses on real estate investments whose value can be increased over the long term through active management. AURELIUS Finance Company provides flexible lending solutions to businesses across Europe.

With its charity AURELIUS Refugee Initiative eV, AURELIUS provides comprehensive support to refugees on their way to a better life.

For more information, visit www.aurelius-group.com

CONTACT
AURELIUS Group
Investor Relations
Telephone: +49 (89) 544799 – 0 +44 (0) 20 7440 0480
Fax: +49 (89) 544799 – 55 +44 (2) 20 7440 0481

Email: [email protected]

20.06.2022 Broadcast of a Corporate News, transmitted by the DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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