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Announced

Completed

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

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Switzerland

promotional solutions

Media Agencies

Acquisition

Cross Border

Private

Majority

Completed

Friendly

Single Bidder

Private Equity

Synopsis

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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.

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