Aurelius exits Granovit

The sale was led by current CEO Andreas Fischer. Management will continue the course taken to operationally restructure the company.

Aurelius acquired Cargill's Swiss division in a carve-out in 2017. During the firm's holding period, it developed an independent finance department and IT infrastructure, and the company was positioned in the market under the new name Granovit in 2018. The company's structures, processes and costs were optimised and adapted. In addition, the portfolio was streamlined with new products introduced to the market.

The division generated revenues of €130m for the financial year ending in March 2017 – prior to the acquisition.

Company
Headquartered in Lucens, the company produces premixed and compound feed for poultry, swine and cattle for the Swiss market at three production facilities. The product portfolio also includes speciality feed for pets, horses and zoo animals, as well as medicated feed. In 2017, the company had 250 employees.

People
Granovit – Andreas Fischer (CEO).

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• Topics
• Exits
• DACH
• Consumer
• Switzerland
• Aurelius Equity Opportunities