Aurelius Group


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

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 was set up with a start-up capital of 500,000 euros.
On October 1, 2015, Aurelius changed from a joint-stock company into an SE & Co. KGaA.

Divisions

Due to Aurelius Group’s approach to buying and developing value assets, it is often referred to as the German Berkshire Hathaway. It has five divisions:
In 2014 the firm acquired the shoe business of Dr. Scholls from Reckitt Benckiser. In 2016 it acquired the European Business of Office Depot and bought Calumet Photographic, Europe's largest photo equipment dealer. In 2018 it bought Ideal World, a British home-shopping TV Channel, and acquired Connect Books from Connect Group, renaming it to Bertrams Group.

Recent Exits

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

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