AURELIUS has acquired a leading global manufacturer and provider of mining and infrastructure essentials, Minova, with assistance from Baker McKenzie.
Firm: Baker McKenzie (AURELIUS)
Value: The transaction has an enterprise value of $180 million.
Area: M&A.
Key players: The team was led by Melbourne-based corporate partners Simon De Young and Rick Troiano, along with Munich corporate partner Berthold Hummel.
Deal significance: The transaction will be completed by AURELIUS’s newly launched co-investment fund structure which involves AURELIUS European Opportunities Fund IV controlling a 70 per cent stake and AURELIUS Equity Opportunities SE & Co. KGaA controlling a 30 per cent interest.
Commenting on the deal, Mr De Young said: “Thanks to our extensive experience in private equity and cross-border carve-out transactions, together with a well-coordinated international team, we were able to contribute to the success of this complex transaction. The acquisition of Minova is an exciting opportunity for AURELIUS to expand a global market leader in an attractive niche.”
