# AURELIUS closes acquisition of Armstrong Ceiling Solutions from Knauf

AURELIUS Equity Opportunities completed its acquisition of Armstrong Ceiling Solutions, comprising ceiling tiles and grids businesses in 11 European markets, from Knauf International. The business includes two production facilities in the UK and three distribution centers.

- Type: Acquisition
- Announced: 2020-04-01
- Where: North East England, United Kingdom
- Status: completed
- Products: mineral fibre ceiling tiles, ceiling grids
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Aurelius Equity Opportunities](https://endata.com/companies/1328.md) (acquirer)
- [Knauf International GmbH](https://endata.com/companies/23643.md) (partner)
- [Armstrong Ceiling Solutions](https://endata.com/companies/46262.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/AURELIUS-EQUITY-OPPORTUNI-494695/news/AURELIUS-Equity-Opportunities-closes-acquisition-of-Armstrong-Ceiling-Solutions-from-Knauf-30286862/), 2020-04-01: "AURELIUS will implement an extensive, multi-year capital investment programme designed to deliver substantial technical and specification upgrades to both the mineral fibre and grid businesses."

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