Acquisition of Calumet by Aurelius
Argyll Partners acted as lead financial advisor to Aurelius on its acquisition of Calumet International Ltd., a holding company comprising both pan-European multi-channel photography retailer Calumet Photographic (“Calumet”) and professional lighting producer Bowens Lighting (“Bowens”).
Calumet
multi-channel retailer of branded and own-label photography equipment and services
17 locations across the UK, Germany, Belgium, and the Netherland
premium purchasing experience across all channels to a diverse customer base of photography enthusiasts, professionals, and companies
Bowens
leading brand of professional studio and lighting equipment headquartered in Colchester
products sold in Calumet stores and by other select specialist distributors
Deal highlights
AURELIUS will provide capital to upgrade Calumet’s current locations, further grow its rental offering, and open new stores
advised on the terms of the transaction
assisted with business planning and transaction modelling