MRO Magazine

SK Capital Closes Control Investment in AEB Group


April 30, 2015
By Business Wire News

BRESCIA, Italy

SK Capital Partners, a private investment firm with a disciplined focus on the specialty materials, chemicals and healthcare sectors, announced today that it has closed the previously announced transaction to acquire a controlling interest in AEB Group, a global leader in wine ingredients with growing positions in beer ingredients and food detergents. SK Capital’s majority ownership was acquired via a capital increase and a purchase of shares from existing investors including Investindustrial, one of Europe’s leading investment groups, mainly focused on Southern European companies. Investindustrial affiliates and AEB Group management continue to have minority ownership positions.

AEB Group provides an integrated suite of products and related services – including a full spectrum of biotechnology solutions, processing aids, and specialized equipment – for winemakers, beer brewers, and other food and beverage producers. The Company’s customers utilize AEB Group’s proprietary formulations, customized in consultation with the Company’s sales force of oenologists and technical experts, to achieve consistent quality levels with optimal yields. Headquartered in Brescia, Italy, AEB Group operates a network of production facilities and laboratories throughout Europe and the Americas.

AEB Group is the seventh platform company in SK Capital Partners Fund III. SK Capital Partners closed on its fourth fund in November 2014 with $1 billion of third party capital.

ABOUT SK CAPITAL

SK Capital is a private investment firm with a disciplined focus on the specialty materials, chemicals and healthcare sectors. SK Capital’s integrated, multi-disciplinary team utilizes its industry, operating and investment experience to help transform businesses into higher performing organizations. Located in New York, NY and Boca Raton, FL, the firm has over $1.5 billion in third party capital under management. SK Capital’s portfolio companies generate revenues of over $8.0 billion annually and employ approximately 9,000 people. More information about SK Capital can be found at www.skcapitalpartners.com.

ABOUT INVESTINDUSTRIAL

Investindustrial is a leading European investment group of independently managed companies with approximately €3.1 billion of assets under management in the private equity division, which provides industrial solutions and capital to mid-market companies in Europe. Its mission is to actively contribute to the development of the companies in which it invests, by creating growth opportunities and offering global solutions through an entrepreneurial pan-European vision. Investindustrial has a history of more than 25 years of successfully partnering with companies in Europe. Additional information is available at www.investindustrial.com.

SK Capital
BackBay Communications
Douglas Allen, 212-520-1385, x5
Doug.Allen@BackBayCommunications.com
or
Investindustrial
Maitland
David Stürken, Tel +44 (0)20 7379 0450
Mob + 44 (0) 7990595913
dsturken@maitland.co.uk