German buyer targeting Irish firms

With annual revenues of €2.28 billion, Munich-based Aurelius is a mid-market investor that is active across Europe, Britain and Ireland, investing in companies or brands with potential

Aurelius MD Tristan Nagler

Aurelius Equity Opportunities, a Munich headquartered investor, is targeting trading business buys in the Irish market.

It is currently considering the prospect of LaRousse, the fine foods specialist being sold off by Aryzta for €20-€30 million, while other prospective interested parties are said to include the Carlyle Cardinal fund.

Aurelius also looked at AA, which sold to Carlyle Cardinal for €156.6 million.

With annual revenues of €2.28 billion, Aurelius is a mid-market investor that ...