Garz & Fricke GmbH has been acquired by AFINUM Management GmbH
August 2017 — The private shareholders of Garz & Fricke GmbH have sold the company to AFINUM Management GmbH. Financial details have not been disclosed.
Founded in 1993 and based in Hamburg, Garz & Fricke is a successful provider of embedded systems and vending and telemetry solutions. The company’s core competencies are the development, design and manufacture of electronic assemblies and advanced RISC machine (ARM)-based embedded solutions with compatible operating systems.
AFINUM is an independent investment company owned by its management. The firm has offices in Munich, Zurich, Vienna and Hong Kong and specializes in investments in successful medium-sized companies in the DACH region.
Our role in the transaction
Oaklins’ team in Germany advised the shareholders of Garz & Fricke on the sale of shares. Within the scope of an internationally structured process, the buyer was selected from more than 50 prospective parties, and the transaction was successfully closed.
Talk to the deal team
Related deals
Cibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreGroGlass has been acquired by Apogee Enterprises
Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.
Learn moreCapvis has sold hessnatur to Wourth Group
Hess Natur-Textilien GmbH & Co. KG has become part of the international Wourth Group. With the change of ownership from Capvis to Wourth Group, hessnatur is entering its next phase of development. The transaction reflects the company’s successful strategic and business development in recent years, and creates a strong foundation for the future.
Learn more