M&A Deal Summary

AURELIUS Equity Opportunities Acquires VAG

On October 8, 2018, asset manager AURELIUS Equity Opportunities acquired machinery company VAG from Zurn Elkay Water Solutions

Acquisition Highlights
  • This is AURELIUS Equity Opportunities’ 1st transaction in the Machinery sector.
  • This is AURELIUS Equity Opportunities’ 16th transaction in Germany.

M&A Deal Summary

Date 2018-10-08
Target VAG
Sector Machinery
Buyer(s) AURELIUS Equity Opportunities
Sellers(s) Zurn Elkay Water Solutions
Deal Type Divestiture

Target

VAG

Mannheim, Germany
VAG Group develops, produces and sells industrial fittings for the water supply and drainage sectors. VAG was founded in 1872 and is based in Mannheim, Germany.

Search 215,058 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

DESCRIPTION

The AURELIUS Group is an independent investment firm focused on buyouts and spin-offs of Western European middle-market to large companies. The Firm looks to invest €5 to €80 million per transaction in companies valued up to €250 million. AURELIUS is a generalist investor but has a preference for opportunities in the chemicals, information technology, consumer products, business services, and industrials sectors. The AURELIUS Group was formed in 2006 and is based in Grünwald, Germany.


DEAL STATS #
Overall 42 of 64
Sector: Machinery M&A 1 of 2
Type: Divestiture M&A Deals 17 of 35
Country: Germany M&A 16 of 22
Year: 2018 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-24 Ideal Shopping Direct

Peterborough, United Kingdom

Ideal Shopping Direct is a multi-channel retailer that engages in selling products to consumers through digital television home shopping channels and the Internet in the United Kingdom and internationally. Ideal Shopping Direct was founded in 1980 and is based in Peterborough, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-12 NDS Group

Hagan, Norway

NDS Group is an automotive, industrial, and marine parts wholesaler. NDS Group was founded in 1963 and is based in Hagan, Norway.

Buy -

Seller(S) 1

SELLER

Zurn Elkay Water Solutions

Milwaukee, Wisconsin, United States

Category Company
Founded 2006
Sector Environmental
Employees2,500
Revenue 1.6B USD (2024)
DESCRIPTION
Zurn Elkay Water Solutions' corporate headquarters in downtown Milwaukee, Wisconsin.
Zurn Elkay Water Solutions' corporate headquarters in downtown Milwaukee, Wisconsin.

Zurn Elkay Water Solutions is a pure-play water business that designs, procures, manufactures, and markets a sustainable product portfolio of solutions to improve health, human safety, and the environment. The Zurn product portfolio includes professional-grade water control and safety, water distribution and drainage, finish plumbing, hygienic, environmental and site works products for public and private spaces. Zurn Elkay Water Solutions was founded in 2006 and is based in Milwaukee, Wisconsin.


DEAL STATS #
Overall 1 of 2
Sector: Machinery M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
Country: Germany M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-08 Centa Power Transmission

Haan, Germany

Centa Antriebe Kirschey GmbH is a manufacturer of premium flexible couplings and drive shafts for industrial, marine, rail and power generation applications. Centa Antriebe Kirschey is based in Haan, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-01 Rexnord’s Process & Motion Control Business

Milwaukee, Wisconsin, United States

Rexnord’s Process & Motion Control Business services clients and is based in Wisconsin.

Sell -