The operations of Abelan will be combined with those of Aurelius investee company Solidus Solutions. Abelan has three manufacturing facilities in Spain and France.

“Solidus Solutions is one of Europe’s leading producers of solid board, graphic board and solid board packaging. This strategic acquisition will enable Solidus to further accelerate its growth into a leading pan- European mid-market business and establish itself as a true champion in the areas of board” said Richard Houben, CEO of Solidus Solutions.

Founded in 1911, Abelan is headquartered in San Andrés in northern Spain and employs approx.250 people across their three manufacturing facilities. It is projected to generate revenues of approximately €70m in 2017.

Abelan has two key areas of expertise: the production of core board, for cardboard tubes, boxes and other applications within packaging, and its solid board packaging division (Videcart), which supplies a large variety of boxes and trays to major distribution brands in the European agricultural, meat, flower and various other industries.

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