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GERMANY - AFINUM acquires Tenbrink

Mareen Goebel
28 October 2008

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AFINUM Management GmbH, through its fund AFINUM Fünfte Beteiligungsgesellschaft mbH & Co KG, has acquired the Tenbrink group, supplier of renovation services for hotels and retail shops.

Apart from some woodwork, Tenbrink operates as a general contractor with an existing network of dedicated subcontractors. The target customers are international hotel chains and large retail chains respectively. The company achieves revenues of EUR 45m with a workforce of 165.

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