Deloitte Legal advised Aurelius on the deal and Strelia Advises Norsk Hydro.
Aurelius completed the acquisition of the aluminum precision tubing business from Norsk Hydro Group. The acquired business currently employs more than 180 people and generated revenues of approximately EUR 50 million in 2020.
The transaction is expected to be completed in the third quarter of 2021.
Aurelius is a multi-asset manager with activities across Europe. As an active investor with over 100 functional experts from different fields, Aurelius seeks out special opportunities, develops successful strategies, and executes them to realize their full potential. As such, the current acquisition is a textbook Aurelius
The Deloitte legal Corporate and M&A team that assisted Aurelius consisted of Marc Van tieghem (Photo, partner), and Hans Vansweevelt (Senior Associate).
The Strelia team was led by Gisèle Rosselle and Céderic Devroey.