Deals this week: Aurelius, Success Dragon International Holdings

9 June 2016 (Last Updated June 9th, 2016 18:30)

German private equity firm Aurelius is expected to acquire the commercial assets of Abelan Board Industrial by the end of the month.

Aurelius AG

German private equity firm Aurelius is expected to acquire the commercial assets of Abelan Board Industrial by the end of the month.

The assets include a paper mill based in Viersen, Germany and a solid board packaging plant located in Zutphen, Netherlands.

Abelan Board Industrial is a Spanish packaging company primarily engaged in the production and distribution of paper and cardboard products.

Success Dragon International Holdings will issue convertible bonds bearing an interest rate of 9.8% a year in a private placement to raise funds for its business development and expansion activities.

The investment holding company will raise HKD220m ($28.32m) through the offering.

Its business activities include the manufacture of packaging products and provision of services for the computer game industry.


Image: Abelan Board Industrial is a manufacturer and supplier of paper and cardboard products. Photo: courtesy of HornM201 via wikimedia.