EQS-News: AURELIUS Equity Opportunities sells Briar Chemicals to Safex Chemicals


EQS-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Disposal
AURELIUS Equity Opportunities sells Briar Chemicals to Safex Chemicals

11.10.2022 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

AURELIUS Equity Opportunities sells Briar Chemicals to Safex Chemicals

  • Briar Chemicals, the UK´s leading agrochemical contract manufacturer, sold to a strategic buyer
  • Strong growth prospects in the agrochemicals market with Briar Chemicals expected to report revenue for FY22 of above EUR 70m
  • Further successful exit for AURELIUS despite a challenging market environment

Munich, October 11, 2022 – AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8) announces the disposal of Briar Chemicals Limited (Briar), the leading agrochemical Contract Development and Manufacturing Organisation (CDMO) in the UK, to Safex Chemicals India Limited (Safex), a crop protection product group. In March 2021, Safex partnered with ChrysCapital, one of India’s largest and most successful Private Equity funds. The sale of Briar Chemicals is valued at approximately EUR 83m. The simultaneous signing and closing of the transaction took place on October 10, 2022.

 “Briar Chemicals is a trusted long-term partner to many of the world´s largest chemical groups, with an impressive heritage. Since becoming part of the AURELIUS portfolio, Briar first stabilised and subsequently significantly expanded its position. During its time in the AURELIUS portfolio, the Briar Chemicals brand was successfully established in the global market. Furthermore, our operational experts have unlocked significant value by enhancing transparency in the production process and by implementing continuous improvement programmes at Briar’s manufacturing facility. We thank the Briar team for their efforts and contribution to this success story and wish them continued success as part of Safex’s European business”, said Matthias Täubl, CEO of AURELIUS Equity Opportunities.

“We are pleased with the opportunity to make an investment in manufacturing assets outside of India, which should help Safex leapfrog into becoming a fully integrated crop protection business in coming years”, said S.K Chaudhary, Founding Director of Safex.

Briar Chemicals, based in Norwich, UK, has been part of the AURELIUS portfolio since 2012, following a corporate carve-out transaction from Bayer CropScience. At its site in Norwich, the company employs around 250 people making it the UK´s largest agrochemical CDMO. The firm offers a full CDMO asset portfolio, from labs to large scale reactors and, operating from 115 acres site facilities, its infrastructure offers capacity for further growth.

Following AURELIUS’ carve-out of Briar Chemicals, the Norwich site was established as a stand-alone contract manufacturer. Production was comprehensively reorganised to improve operational on-site support, assign responsibility to individual production units for safety, output, and quality across all day-to-day activities.

Leveraging its legacy business relationship with Bayer, a third-party licensing business was successfully established. AURELIUS subsequently identified and harnessed Briar’s growth potential, including improving environmental standards with the help of the company's own solar farm, and the development of a new business park.

“We are convinced that Safex will greatly benefit from the market position and expertise of Briar and its team. Briar Chemicals has never lost a customer to a competitor, and under AURELIUS ownership has grown its blue-chip customer base. The relationship with the Norwich community, an important pillar for the Briar business, has been fostered throughout AURELIUS’ ownership period via various initiatives, and we thank the local community for its support”, commented Gerhard Engleder, Vice President at AURELIUS.

AURELIUS was advised on the transaction by DC Advisory (Corporate Finance), Deloitte (Financial), Travers Smith (Legal), EY (Tax), NexantECA (Commercial), and Birketts (Property).

SAFEX was advised on the transaction by Investec (Corporate Finance), KPMG (Financial and Tax DD), Bird & Bird (Legal) and TRC (Environmental).


AURELIUS is a pan-European alternative investment firm. Deep operational expertise and experience enable AURELIUS to accelerate value creation within its portfolio companies. The Group has offices in London, Luxembourg, Munich, Amsterdam, Stockholm, Madrid, Milan, and Dusseldorf.

Our key investment platforms are AURELIUS European Opportunities IV fund and the listed AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8, Ticker Symbol: AR4), which specialise in corporate carve-out transactions and acquiring companies with development potential in the mid-market. The investment strategy’s core element is growth of its portfolio companies, supported by a team of almost 100 operating taskforce experts.

AURELIUS Group additionally operates in the areas of growth capital, real estate and alternative lending solutions. AURELIUS Growth Investments participates in leveraged buyouts in mid-market succession situations. AURELIUS Real Estate Opportunities focuses on real estate investments, the value of which can be increased in the long-term by means of active management. AURELIUS Finance Company provides flexible lending solutions to firms across Europe.

With its group charity AURELIUS Refugee Initiative e.V., AURELIUS provides comprehensive support to refugees on their way towards a better life.

To find out more, visit www.aurelius-group.com


Investor Relations
Phone: +49 (89) 544799 – 0    +44 (0) 20 7440 0480
Fax: +49 (89) 544799 – 55    +44 (2) 20 7440 0481
E-mail: [email protected]

11.10.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS - a service of EQS Group AG.
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Language: English
Company: AURELIUS Equity Opportunities SE & Co. KGaA
Ludwig-Ganghofer-Straße 6
82031 Grünwald
Phone: +49 (0)89 544 799-0
Fax: +49 (0)89 544 799-55
E-mail: [email protected]
Internet: www.aureliusinvest.de
Listed: Regulated Unofficial Market in Berlin, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID: 1460195

End of News EQS News Service

1460195  11.10.2022 CET/CEST


Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022
Umsatzerlöse1 1.574,86 2.998,35 2.902,94 3.612,00 1.932,90 2.560,80 2.995,00
EBITDA1,2 35,44 272,56 65,72 80,30 167,60 249,70 154,40
EBITDA-Marge3 2,25 9,09 2,26 2,22 8,67 9,75 5,16
EBIT1,4 -22,64 202,00 11,69 -84,20 222,70 115,80 29,40
EBIT-Marge5 -1,44 6,74 0,40 -2,33 11,52 4,52 0,98
Jahresüberschuss1 -10,48 484,49 -39,52 18,27 121,60 151,80 78,70
Netto-Marge6 -0,67 16,16 -1,36 0,51 6,29 5,93 2,63
Cashflow1,7 1,11 -132,16 -50,00 -76,10 227,50 42,90 -41,50
Ergebnis je Aktie8 -1,19 5,98 -1,43 -3,43 3,62 4,86 2,99
Dividende8 4,00 5,00 3,00 0,00 1,00 1,50 0,50
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: KPMG

Aurelius Equity Opportunities
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0JK2A 14,570 Halten 397,32
KGV 2024e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
7,29 8,11 0,87 7,23
0,75 - 0,13 3,46
Dividende '22 in € Dividende '23e in € Div.-Rendite '22e
in %
0,50 0,50 3,43 21.06.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
11.05.2023 11.08.2022 10.11.2022 27.03.2023
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-11,24% -25,89% -20,47% -45,39%
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Beteiligungen , A0JK2A , AR4 , XETR:AR4