Company

The Aves One AG

The Company

Aves One AG is a strongly expanding investor in long-life logistics assets, focused on rail freight cars. Standard shipping containers, swap bodies for road transport and logistics facilities are also part of the Aves One AG portfolio. Its customers include national railway companies, industrial companies and logistic companies.

The increasing globalization of the flow of goods resulting in an increased transport volume, the growth of the world economy should be higher than 3.6 percent per annum until 2019 and the freight traffic should be quadrupled by 2050. All these factors lead to an increased demand for logistics assets. The current low interest rate environment also provides a solid financial basis for investment in long-lived assets with good growth prospects. Moreover the deregulation of the rail market, optimization of logistic chains and the ongoing outsourcing trend offer a friendly market environment for leasing in all our business areas. From these trends we want to benefit and have therefore focused on three business areas in which we invest: Rail, Container and Real Estate.

All three divisions contain durable assets with stable cash flows. The management of assets, like rental and maintenance are carried out by external asset managers (analogue of a property manager). As active asset owner the Aves One controls and monitors the asset managers, assumes control and weighting of the divisions and the portfolio management. So we were able to build a broadly diversified customer portfolio with leading national railways, shipping companies, industrial and chemical companies on the one hand and on the other hand a broadly diversified asset portfolio.

The company is planning to develop its own asset portfolio to over one billion Euros by 2020. Excellent market access by management and partner form the foundation for the continued expansion of the company.

The Management board

Jürgen

Bauer

Member of the
Management Board

Jürgen Bauer has been an Executive Board Member of Aves One AG since September 2016. After many years in the leasing sector, the 55-year-old Mag. Phil. worked successfully in various Board functions in wagon hire for 16 years. At GATX, one of the world’s biggest rolling stock leasing companies, his most recent position was as Managing Director of the German business of KVG Hamburg. Jürgen Bauer manages ERR Rail Rent Vermietungs GmbH in Vienna as Managing Director since July 2006 which was acquired by Aves One in 2016.

Sven

Meißner

Member of the
Management Board

Sven Meissner has been a Member of the Executive Board of Aves One AG since February 2018. The 37-year-old Business Studies graduate has many years of experience in the business of financing in the segments that are relevant for the company. As a Managing Director, Mr. Meissner has already provided support for the operational business of several of the Group’s companies since 2013 and the acquisition of the first container portfolio. Mr. Meissner possesses soundly-based knowledge of capital markets and experience in the shareholding business in the real estate property, transport & logistics, renewable energies and Cleantec sectors, and the technologies associated with them.

The Supervisory board

Ralf

Wohltmann

Chairman

Mr. Wohltmann studied Social Security Law in Berlin, focusing on Pension Legislation. After graduating and a short period of employment with the German Pension Insurance Association, Mr. Wohltmann moved to the Pension Scheme of the Regional Dental Association of the State of Thuringia and was a member of its management from its foundation in 1992. In 2000 Mr. Wohltmann took up his current role as Managing Director of the Pension Scheme of the Berlin Dentists’ Association (“VZB”) , where his duties include restructuring the organisation. VZB is one of the anchor investors of Aves One AG.

Emmerich G.

Kretzenbacher

Vice Chairman

Emmerich G. Kretzenbacher completed his university studies in economics at the University of Kiel. (Germany). Upon having successfully passed his tax consulting and auditing exam, he founded the auditing firm TREUÖKONOM Beratungs-, Revisions- und Treuhandgesellschaft mbH in 1981. Mr. Kretzenbacher specializes in advising and auditing mid-sized companies and corporations.

Rainer

Baumgarten

Member of the board

After studying business administration in Hamburg, Mr. Baumgarten worked for more than 20 years for the wagon hire company VTG AG. In 1991, in the meantime Mr. Baumgarten was Head of sales at VTG, he quit this Company to co-found KVG Kesselwagen Vermietgesellschaft in Hamburg. KVG grew to one of the leading player in the area of rail equipment. Mr. Baumgarten finally sold all his shares of KVG in 2002. In 2006 he was co-founder of the ERR Group. In his long-term presence in the industry he was a driving individual in this industry and president of VPI Germany.

Britta

Horney

Member of the board

Mrs. Britta Horney is a lawyer in Hamburg specialising in contract design and IT project business for SMEs. After studying for a degree in law, and an overseas stay in Los Angeles, she initially worked for a firm of auditors and tax consultants for more than ten years. Mrs. Horney already held supervisory board memberships in several companies in 2006 to 2009, most recently for a listed company in the Prime Standard segment. Britta Horney has been a member of the Supervisory Board of BoxDirect AG since February 2017, and a member of the Supervisory Board of Aves One AG since late August 2017.

The Milestones

06/2018 – Aves completes one of the largest acquisitions in the Container segment with a volume of USD 59 million //

06/2018 – Operational turnaround in the 1st quarter 2018 //

05/2018 – Aves expands rail portfolio by purchasing tank wagons //

03/2018 – Aves One acquires first logistics property //

Aves takes over the entire CH2 AG sales company //

Two successful non cash capital increases //

Successful capital increase including over-allotments in the amount of EUR 19.6 million cash //

Admission to the Prime Standard of the Frankfurt Stock Exchange //

Acquisition of ERR Austria and Germany //

Aves Storage is founded to enter the storage market //

Acquisition tank container portfolio for the Special Equipment division //

Expansion of the swap bodies portfolio in Special Equipment //

Establishing Joint Venture for entering Resale Markt //

First portfolio acquisition in the Rail Equipment //

Successful capital increase by institutional investors in the amount of EUR 8 million in cash //

Institutional investors (family offices, pension schemes, utility companies) sourced as financing partners //

Aves Logistics AG is established; contribution in kind of BSI Blue Seas Investment GmbH //

Blue Seas Investment GmbH is founded //

Cooperation agreements are concluded //

The first container equipment portfolio acquired //