AURELIUS Equity Opportunities to acquire GKN Wheels & Structures from GKN.

AURELIUS Equity Opportunities, an asset management group with offices in five European countries, agreed to acquire GKN Wheels & Structures, a manufacturer of off-highway wheels, supplying a proven range of high-quality products and systems, from GKN, a multinational automotive and aerospace components company that manufactures and provides driveline systems and vehicle chassis assemblies. Financial terms were not disclosed. “This acquisition is another example of AURELIUS’s strength in acquiring non-core divisions of large corporates and successfully executing these complex transactions. As a global market leader with a strong and committed customer base, GKN Wheels & Structures is well-positioned for future growth under AURELIUS’s ownership," Dirk Markus, AURELIUS CEO.