Press releases

Munich, 17 September 2007

AURELIUS acquires the men’s apparel provider Pohland from DOUGLAS

The Munich based industrial holding AURELIUS AG has acquired the men’s apparel provider Pohland-Herrenkleidung GmbH & Co. KG from DOUGLAS HOLDING AG, effective from 13 September 2007.

 

„Pohland is a high quality men’s apparel provider who is locally very well positioned due to eleven stores. We are glad that after the acquisition of Quelle France, we now have the possibility to act in the German textile retail trade”, says Dr. Dirk Markus, CEO of AURELIUS.

 

Pohland generated EUR 53m sales in the business year 2005/2006 with 468 employees; all of them will be taken over by AURELIUS. AURELIUS will continue the already taken improvement measures and the development of the market position of Pohland. A change of name is not planned, according to Dr. Markus, as the name „Pohland“ is very well established in the market and stands for high quality.
 

AURELIUS AG, Munich (www.aureliusinvest.com), acquires mid-sized companies and corporate spin-offs which are no longer part of the core business of the previous owner. AURELIUS acquires companies even when they are in difficult and complex situations and actively grows and develops them. AURELIUS increases the value of its investments to the benefit of all parties, using its own specialized Task Force, while paying particular attention to its social responsibility. The shares of AURELIUS AG trade under code AR4 (ISIN: DE000A0JK2A8) on the Open Market of the Frankfurt Stock Exchange.

 

With annual sales of some EUR 2.7 billion in its 2005/2006 financial year, the DOUGLAS Group is one of Europe’s leading retail organizations. In more than 1,800 speciality stores, the Group offers outstanding service, first-class product ranges, and an ambiance keyed to providing a rewarding shopping experience. This lifestyle strategy is embodied by over 22,000 personnel every day, in every location and in every country of operation. The DOUGLAS Group is comprised of five divisions that number among the trendsetters and market leaders in their respective industries: The Douglas perfumeries lead the European market and are now represented in 21 countries. The more than 260 Thalia bookstores are the market leaders in German-speaking Europe. In the jewelry segment, approximately 200 stores make Christ the domestic leader in the mid- to upper price ranges. The DOUGLAS Group also operates 15 Appelrath-Cüpper womenswear stores and nearly 300 Hussel confectionery shops.

Contact

AURELIUS AG
Investor Relations & Corporate Communication
Matthias L. Schneck
phone. +49 (0)89.5447.99.0
investor(at)aureliusinvest.de