DC Advisory advised AURELIUS on the acquisition of Agfa Offset Solutions from Agfa-Gevaert Group

Background

• AURELIUS Group (AURELIUS) is a pan-European alternative investment firm with five main offices in Europe focusing primarily on IT & Business Services, Industrials & Chemicals and Lifestyle & Consumer Goods sectors

• Agfa Offset Solutions is one of the leading global suppliers of prepress solutions to the offset printing industry, and wholly owned by Agfa-Gevaert Group, a listed Belgian manufacturer and marketer of analogue and digital systems to the healthcare, industrial and printing sectors

• Agfa Offset Solutions is commercially active in 70+ countries and offers a portfolio of offset plates graphic film, equipment & services, as well as software and chemicals and generated €779m revenue in FY22
• Further to a strategic review exercise, Agfa-Gevaert Group was contemplating carving out its Offset Solutions division and selling 100% of its shares in a newly created legal entity, Agfa Offset BV

Process

• DC Advisory (DC) was exclusively engaged by AURELIUS to provide M&A advice and negotiation support in relation to the acquisition of Agfa Offset Solutions from Agfa-Gevaert Group, leveraging its deep sector knowledge and expertise to deliver a successful outcome

Outcome

• On 3 April 2023, AURELIUS completed the acquisition of Agfa’s Offset Solutions division
• Going forward, AURELIUS will focus on innovation and providing a high-quality product offering, as well as further strengthening the approach of integrated manufacturing and commercial business units
• This transaction further highlights DC’s extensive experience in the industrial printing sector and its strong expertise in the Benelux market

“We are delighted to have supported AURELIUS on their acquisition of Agfa Offset Solutions and are confident that under the stewardship of AURELIUS’ talented team, the business will capture growth in the prepress market. This transaction further highlights DC Advisory’s sector expertise in industrial printing, as well as our ability to advise on complex corporate carve-outs.”