# AURELIUS closes EUR 330M sale of Solidus Solutions to Centerbridge Partners

AURELIUS Equity Opportunities completed the sale of its subsidiary Solidus Solutions, a European maker of solid board packaging from recycled paper, to funds advised by Centerbridge Partners at an enterprise value of about EUR 330 million on 5 September 2019.

- Type: Acquisition
- Announced: 2019-09-05
- Value: $370.0M (330.0M EUR)
- Status: completed
- Products: solid board packaging from recycled paper
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Aurelius](https://endata.com/companies/250.md) (partner)
- [Aurelius Equity Opportunities](https://endata.com/companies/1328.md) (partner)
- [Solidus Solutions](https://endata.com/companies/2794.md) (target)
- [Centerbridge Partners](https://endata.com/companies/3451.md) (acquirer)
- [Solidus](https://endata.com/companies/5822.md) (target)

## Sources

- [private-equitynews.com](https://www.private-equitynews.com/news/aurelius-successfully-closes-sale-of-solidus-solutions/), 2019-09-05: "AURELIUS successfully closed the sale of its subsidiary Solidus Solutions to private equity funds advised by Centerbridge Partners L.P. for an enterprise value of approx. EUR 330 million on today's date."
- [packagingnews.co.uk](https://www.packagingnews.co.uk/news/business/mergers-acquisitions/page/15), 2019-11-25: "New York based private equity firm Centerbridge Partners has completed the €330m acquisition of fibre-based packaging producer Solidus from Aurelius."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.