UK markets closed
  • NIKKEI 225

    28,010.93
    -953.15 (-3.29%)
     
  • HANG SENG

    28,489.00
    -312.27 (-1.08%)
     
  • CRUDE OIL

    73.51
    +1.87 (+2.61%)
     
  • GOLD FUTURES

    1,783.50
    +14.50 (+0.82%)
     
  • DOW

    33,876.97
    +586.89 (+1.76%)
     
  • BTC-GBP

    23,122.52
    -2,679.73 (-10.39%)
     
  • CMC Crypto 200

    780.73
    -69.62 (-8.19%)
     
  • ^IXIC

    14,141.48
    +111.10 (+0.79%)
     
  • ^FTAS

    4,026.96
    +24.89 (+0.62%)
     

AURELIUS unites its multinational photo and video businesses under a new umbrella brand European Imaging Group

  • Oops!
    Something went wrong.
    Please try again later.
·4-min read
  • Oops!
    Something went wrong.
    Please try again later.

DGAP-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Strategic Company Decision
25.05.2021 / 07:30
The issuer is solely responsible for the content of this announcement.

AURELIUS unites its multinational photo and video businesses under a new umbrella brand European Imaging Group

- European Imaging Group (EIG) is the new umbrella brand holding company for the subsidiaries Calumet and Wex Photo Video and their operative brands

- EIG is Europe's leading omnichannel retailer of photographic and video equipment for enthusiasts and professionals

- Further growth planned via new acquisitions across Europe

Munich/London, May 25, 2021 - AURELIUS Equity Opportunities SE & Co. KGaA (ISIN DE000A0JK2A8) today announced the launch of the European Imaging Group (EIG) as the umbrella brand for its photo and video businesses. EIG controls the AURELIUS subsidiaries; Calumet and Wex Photo Video, with its operative brands Fixation (repair specialist) and Sauter (photographic and video retailer) as well as product brands; Bowens (lighting for professional photographers) and Brilliant (high-quality paper line for fine-art prints). Calumet was acquired by AURELIUS in 2016, Wex Photo Video in 2017 and Foto-Video Sauter at the end of 2018.

EIG is Europe's leading omnichannel vendor of photographic and video equipment, catering to enthusiasts and professionals alike. As a result of the resilient business model, EIG succeeded in sustaining its strong position during the Covid-19 pandemic. Operating in the United Kingdom, Germany, Belgium and the Netherlands, EIG sells a huge range of products online and via its 24 stores staffed by industry experts. The corporate group offers a broad portfolio of branded products and own-label brands and services.

"With the launch of the new umbrella brand EIG, we ensure a more uniform presentation of our imaging business sector and facilitate the international growth of the group", says Richard Glatzel, Chairman of the Board of Directors. "We intend to grow further still in Continental Europe and consolidate our market position as the leading specialist retailer in the imaging sector. To gain organic growth, our focus is a dominating online presence, a strong and local retail business, and the expansion of our product portfolio as well. In 2021, we are planning to open four new stores. Furthermore, we intend to grow via add-on acquisitions and strategic partnerships in the core European market. Therefore, we issued a corresponding acquisition line and are well prepared for future opportunities, both financially and organisationally."

You can find the new website here: https://european-imaging-group.com/
 

ABOUT AURELIUS

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

Key investment platforms are its AURELIUS European Opportunities IV fund as well as listed AURELIUS Equity Opportunities SE & Co. KGaA ("AEO"; ISIN: DE000A0JK2A8), which acquire corporate carve-outs and companies with development potential in the mid-market (fund) and lower mid-market sector (AEO). The investment strategy's core element is operational support of its portfolio companies with a team of about 100 in-house operating taskforce experts.

AURELIUS Group also operates in the areas of growth capital, real estate opportunities and debt. AURELIUS Growth Investments invests in leveraged buyouts usually in succession 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 is an alternative direct lender, focused on providing flexible debt solutions to small and mid-market 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.aurelius-group.com.

CONTACT
AURELIUS Group
Anke Banaschewski
Investor Relations & Corporate Communications
Phone: +49 (89) 544799 - 0
Fax: +49 (89) 544799 - 55
E-mail: investor@aureliusinvest.de



 


25.05.2021 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:

info@aureliusinvest.de

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:

1199981


 

End of News

DGAP News Service

show this
show this
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting