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Announced

Completed

Centerbridge completed the acquisition of Solidus Solutions from Aurelius for €330m.

Financials

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Transaction Value£295m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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packaging solutions

Private

Acquisition

Containers and Packaging

Netherlands

Private Equity

Completed

Single Bidder

Friendly

Majority

Cross Border

Synopsis

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Centerbridge completed the acquisition of Solidus Solutions, the European producer of sustainable fiber-based packaging solutions, from Aurelius, an asset management group with offices in five European countries, for €330m ($375.6m). “This sale is the largest and most successful exit for Aurelius to date, reflecting the significant effort placed into the business over the last four years. I would like to congratulate Solidus’ management under the superb leadership of Richard Houben and the members of the Aurelius task force that we placed into the business, all of whom did an outstanding job,” Dirk Markus, Aurelius Group-CEO and Chairman of the Executive Board.

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