Aurelius has completed the take-over of Abelan Board, which will be combined with Solidus Solutions.
As of 31 January 2018, Aurelius successfully completed the acquisition of Abelan Board Industrial, a producer of core board and solid board packaging products. The deal represents Aurelius’ third acquisition in the European packaging industry. Abelan employs c.250 people across three manufacturing sites in Spain and France and is projected to generate revenues of €70m in 2017. Abelan will be combined with Aurelius investee company Solidus Solutions. Solidus has already bought Abelan’s northern European activities in 2016.