Tuesday, 27 February, 2024

20 May 2020 | Press Release

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Project A invests in Amann Girrbach AG

Amann Girrbach AG, a portfolio company in a fund advised by Capvis AG, is taking a further funda-mental step as innovative force in the dental industry. Since the introduction of the first, fully integrated CAD/CAM system for dental laboratories in 2009, Amann Girrbach has very successfully and continu-ously expanded this area. With the investment of the Berlin based capital investor Project A, a further decisive initiative in the direction of digital change has now been initiated, which will further strengthen the innovation leadership of Amann Girrbach.

"Amann Girrbach had already attracted our attention some time ago: on the one hand as a highly innovative and striving company in its sector. And on the other in terms of the people behind this achievement. As an investor and partner in digital transformation, we are pleased to support the company in this important phase," said Ben Fischer, General Partner of Project A.

On the part of Amann Girrbach, the forthcoming time of change is anticipated with great enthusiasm: "We are looking into an exciting future. The digital change has already begun. With Project A, we have an additional, highly professional investor and partner on board to provide us with all-round digital orientation and to enable us to successfully follow this path", says Wolfgang Reim, CEO of Amann Girrbach AG.

About Amann Girrbach

Amann Girrbach develops and manufactures materials and tools as well as equipment and machines for the fabrication of dentures, largely based on CAD/CAM technology. Its customers in around 90 countries worldwide are mainly made up of dental laboratories and dental technicians. Amann Girrbach employs a total of around 500 people. In addition to the production sites in Koblach (head-quarters) and Rankweil in Austria, Amann Girrbach operates sales offices in Pforzheim (Germany), Charlotte (USA), Singapore (city), Curitiba (Brazil) as well as Beijing (China).

About Project A

Project A is one of the leading venture capital companies in Europe with representative offices in Berlin, London and Stockholm. In addition to managing USD 500 million in capital, Project A provides its portfolio companies with a wide range of operational support services. To this end, Project A has more than 100 employees, all of whom are experts in software development, business intelligence, sales, marketing, design, communication and recruiting. Project A was founded in 2012. The portfolio includes companies such as Catawiki, WorldRemit, Homeday, Spryker, KRY, sennder, Voi and Trade Republic. More information at http://www.project-a.com.

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