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Press release
10 July 2024

FRITZ!Box manufacturer AVM organizes succession

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The founders and managing partners of the Berlin-based communications specialist AVM have arranged the succession plan for the next generation for their company. With Imker Capital Partners (Imker), the company has a new long-term investor. Imker is a Europe-based family office. The founders of AVM will retain a minority stake in the company as shareholders and members of the advisory board.

Johannes Nill, CEO and chairman of the management board: "We have taken an active and systematic approach to the succession plan for the next generation to ensure AVM's continued success. We are pleased to welcome Imker as a new investor that shares our vision for the future of AVM. Imker's commitment is an important milestone in our company's history and will further enhance AVM's ability to offer innovative solutions." AVM is looking to achieve growth through new products and increased internationalization.

AVM is one of Europe's leading manufacturers of products for broadband connections and the digital home. FRITZ! products enable fast internet access, easy networking, powerful Wi-Fi, convenient telephony and a range of Smart Home applications. Since starting out in Berlin in 1986, AVM's focus has been on developing innovative products in-house. In 2023 the Berlin-based communications specialist had 890 employees and generated a turnover of 580 million euros.