AURELIUS has acquired Ceramic Tile Distributors (CTD) in a carve-out transaction from parent company, Saint-Gobain (ISIN: FR0000125007).
The transaction will be completed by AURELIUS’ co-investment structure with AURELIUS European Opportunities Fund IV controlling a 70 per cent stake and AURELIUS Equity Opportunities SE & Co KGaA (ISIN: DE000A0JK2A8) controlling 30 per cent.
The transaction is expected to close during Q1 2022.
