54
124.6
2005
134.8
2006
158.8
2007
262.9
2008
302.3
2009
340.8
2010
2011
521.4
2012
562.4
2013
566.5
25.4
2005
34.7
2006
43.0
2007
71.3
2008
79.0
2009
90.6
2010
2011
137.5
2012
142.1
2013
143.0
+8% +18% +66% +15% +13% +53% +8% +1%
Avincis EBITDA (
€
m)
By Year
Avincis Sales (%)
By Year
Following the successful sale of Avincis, the European venture
Capital Association (EVCA), approached Investindustrial
to showcase the investment as an example of sustainable
investing. Highlights of the Investindustrial investment thesis
and actions include:
Development of a company with a solid and sustainable
business model, high quality services and strong attention
to safety.
Significant expansion in new markets such as Australia,
Chile, Denmark, France, Finland, Ireland, Norway, Peru,
the UK and Sweden.
Strengthening of management team and corporate
governance.
Avincis was sold to a solid and reputable industrial partner.
Strengthening of the financial structure through four
refinancings to fund growth.
Significant increase in the workforce.
Investindustrial promoted Avincis to adhere to the
UN Global Compact initiative and to report on progress.
Promoting acceptance and
implementation of
responsible
investing
within the industry
+37% +24% +66% +11% +15% +52% +3% +1%
D
ö
rte H
ö
ppner
,
Secretary-General
European Venture Capital Association
“Avincis is an excellent example of how
Investindustrial has been able to help build
a private, European mid-market company into
a world leader. Private equity in Europe plays
an increasingly important role in creating jobs
and raising companies’ global competitiveness”.
