King & Wood Mallesons acts for Aurelius on Abelan deal

German investor Aurelius instructed King & Wood Mallesons (KWM) on the acquisition of the Northern European activities of Spanish group Abelan.


Abelan was advised by Tribeca Abogados on the deal, according to Mergermarket.

Abelan Group is a Spanish packaging company that, since 2012, has formed part of the portfolio of PHI Industrial, a Spanish fund specialising in investments in the industrial sector.

The acquired activities consist of a paper mill in Viersen, Germany, and a solid board packaging plant in Zutphen, in the Netherlands. In 2015, these operation generated total revenues of approximately €50 million and had around 170 employees.

Aurelius is a pan-European mid-market investor that manages a portfolio of more than 20 companies in Europe, Asia and the US.

The KWM team included Madrid-based partner Roberto Pomares, as well as senior associate Germán Cabrera and associate Gonzalo Fernández.

Pomares said: “Abelan will add strength and depth to Aurelius’ operations in Europe as it looks to expand its footprint.”


Ben Cook