Afinum Fünfte Beteiligungsgesellschaft mbH & Co. KG, advised by Afinum Management GmbH, has exited Sinnex to French Groupe Mériguet, a leading provider of renovation services for high end private residences and historic buildings.
Sinnex is a highly-specialized interior outfitting company serving the megayacht industry across Europe. The company also builds high end interior for private residences and aircraft. Afinum acquired the majority of the company from the founders in 2010 and organized their succession. The company more than doubled its total output in recent years.
Today, Sinnex belongs to the top group of general contractors in this industry. Within Groupe Mériguet, Sinnex shall leverage on its competencies and contribute to the residential projects of Mériguet. For this purpose, Sinnex runs a factory in Griffen/Austria and engages a broad subcontractor network particularly in Southeast Europe.