Shareholding in Altendorf sold back to the family owners as

AFINUM
For further information about
AFINUM:
www.afinum.de
AFINUM Management GmbH
Theatinerstrasse 7
D-80333 Munich
12 January 2016
Shareholding in Altendorf sold back to the family
owners
as
planned
after
successful
transformation
Phone: +49 (0)89 255 433 01
Fax: +49 (0)89 255 433 99
E-Mail: [email protected]
AF Eigenkapitalfonds für deutschen Mittelstand GmbH & Co. KG –
managed by AFINUM Management GmbH – sold its shares in the
machinery company Wilhelm Altendorf / Minden back to the owner
family Altendorf as of the end of 2015.
AFINUM Management AG
Dufourstrasse 48
Postfach 153
CH-8024 Zurich
In 2011, AFINUM became a minority shareholder in Altendorf as one of
the first investments of the AFINUM growth fund.
Phone: +41 (0)43 500 3300
Fax: +41 (0)43 500 3301
E-Mail: [email protected]
With this investment, the funds’ primary function could be realized
successfully: in a difficult cyclical surrounding, family-owned Altendorf
was supplied with new equity capital for starting and facilitating the
transformation process.
AFINUM Management GmbH
Vienna Stock Exchange
Schottenring 16
A-1010 Vienna
Phone: +43 1 997 1846
E-Mail: [email protected]
AFINUM Management Ltd.
2F, Lok's Industrial Building
204 Tsat Tsz Mui Road
Hong Kong SAR
Phone: +852 - 2810 0641
Fax: +852 - 8147 0183
E-Mail: [email protected]
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During the shareholding period, multiple restructuring measures and
growth initiatives have been realized with the support of AFINUM.
Since the sale back option was already agreed at the beginning of the
shareholding period, the family was able to become sole owner of the
shares again after having realized an increase in turnover and
earnings.
Additionally, the investment in Altendorf was very lucrative for the
fund and its investors.
AFINUM is an independent financial investor wholly-owned by its
management with offices in Munich, Zurich, Vienna and Hongkong,
specializing in the acquisition of shareholdings in financially sound and
successful mid-market companies in the German-speaking region as well as in
neighbouring countries in Europe.
AFINUM Management GmbH
Managing Directors: Dr. Thomas Bühler, Dr. Gernot Eisinger
Commercial Register Munich HRB 129510 | USt.Id.Nr.: DE 2053 70826
MUNICH | ZURICH | VIENNA | HONGKONG