Deutsche Invest completed the acquisition of a majority stake in Iconia Group from Afinum.

Deutsche Invest, an asset management firm, completed the acquisition of a majority stake in Iconia Group, a provider of promotional solutions for the brands and products, from Afinum, an investment firm. Financial terms were not disclosed. "Due to operational improvements led by its strong and seasoned management team, Iconia boasts industry leading delivery times for orders of all mix and volume varieties due to its uniquely flexible production set-up combining off- and onshore capabilities," Afinum.