Clearwater International Denmark acted as financial advisor to Sweden-based Ratos, and the joint shareholders, in the divestment of AH Industries (AHI) to AURELIUS .
Denmark-based AHI is a major supplier of metal components, modules, systems and services to the wind turbine, cement and minerals industries. With established production in both Europe and China, AHI procures, manufactures and assembles tailor-made solutions globally.
AHI is structured into three business areas; manufacturing solutions – this includes contract manufacturing that focuses on machining of heavy components that are primarily for the wind turbine industry such as rotor housing and hubs; industrial solutions, which supplies components to the cement and mineral industries, often in the form of modules or system solutions; and site solutions, which supplies services and lifting equipment to turbine manufacturers and wind park owners. The company has approximately 370 employees and reported revenue of €100m in 2015.
AURELIUS is a Germany-based publicly traded holding company with a total annual turnover of €3bn. The group’s shares are traded on the Munich Stock Exchange. AURELIUS has completed more than 80 transactions and currently holds a portfolio of 25 companies internationally across industrial enterprises, chemicals, business services, consumer goods, food & beverage, telecoms, media and technology.