Afinum 7 sells its investment in Iconia, a leading European provider of display and packaging solutions, to Deutsche Invest, marking Afinum's seventh successful exit.

Target Information

Iconia has evolved significantly during Afinum 7's investment, transforming from a recognized display provider into the leading European full-service provider of interior architecture, display, and packaging solutions tailored for luxury brands. With a dedicated workforce of approximately 420 employees, Iconia operates across multiple key locations including Freienbach and Lausanne in Switzerland, Torino and Veggiano in Italy, Dongguan in China, and Singapore.

Since Afinum's initial investment in 2015, Iconia has bolstered its market position through strategic acquisitions, including La Cellula Lab in July 2016 and Archimede in August 2016. These transactions were identified through Afinum's robust network, which allows them to source opportunities in proprietary or privileged deal situations.

Industry Overview

The European display and packaging industry is characterized by a steady demand for innovative design solutions, particularly from luxury brands that prioritize quality and uniqueness.