AFINUM Siebte Beteiligungsgesellschaft mbH & Co. KG, advised by Munich-based AFINUM Management GmbH, invests in Garz & Fricke GmbH with headquarters in Hamburg. Both company founders Manfred Garz and Matthias Fricke remain significant shareholders and Co-CEOs of the company. With its new investor AFINUM as a strong partner with significant funds available, Garz & Fricke sets the course for future growth.
The company has realized significant growth over the last 25 years since inception. Through its investment, AFINUM is supporting the continuation of the company’s successful strategy of international expansion, growth in attractive end markets such as medtech and security technology, capacity expansion at the Hamburg headquarters as well as strategic bolt-on acquisitions. Key aspect is the financing of significant further growth that otherwise would not be possible in the required quickness.
One of the goals is to extend the local and international sales-team, as well as the engineering, design and manufacturing capacities. This will allow an even stronger focus on certain vertical markets and includes the new headquarter building which is required for this expansion. AFINUM acts as an interested and reasonable shareholder, who assists his portfolio companies and their management in achieving mid- and long term goals without constant interference in day-to-day operations.