AURELIUS Acquires SSE Contracting Limited from SSE Plc
July 1, 2021
AURELIUS Equity Opportunities (AURELIUS) acquired SSE Contracting Limited (SSEC) from SSE Plc in a carve-out transaction for an enterprise value of £27.5 million. SSEC — a nationwide mechanical & electrical (M&E) contractor with around 1,900 employees that maintains over one million streetlights and provides rail, HV and M&E services — will operate as a standalone business under AURELIUS to capture infrastructure-led growth and potential sector consolidation.
- Buyers
- AURELIUS Equity Opportunities SE & Co. KGaA (AURELIUS)
- Targets
- SSE Contracting Limited
- Sellers
- SSE Plc
- Industry
- Construction
- Location
- United Kingdom
- Transaction Type
- Divestiture
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