Aurelius acquired Grupo Abelan from PHI Industrial.

Aurelius, the listed mid-market pan-European investor, acquired Grupo Abelan, a major producer of core board and solid board packaging products operating out of Southern Europe, from PHI Industrial, an investment company. Financial terms were not disclosed. The deal represents Aurelius’ third acquisition in the European packaging sector since 2015 and will further strengthen the Group’s operations in this market.