LUXEMPART MOVES INTO MAJORITY POSITION AT ASSMANN GROUP
Luxempart increases its stake in ASSMANN Group to a majority position, reinforcing its long-term commitment to the company’s growth.
Luxempart is pleased to announce the acquisition of an additional 10% stake in ASSMANN Group from Stephan Assmann. Luxempart originally acquired a 50% stake in 2019, entering a co-control partnership with then-CEO Stephan Assmann. By increasing its stake, Luxempart now becomes the majority shareholder and will take the lead in supporting the strategic development of the Company. Stephan Assmann and his family will remain invested and will continue to contribute their expertise on the supervisory board.
ASSMANN Group is a leading brand owner and innovator in IT infrastructure, media and workplace solutions for professional users. The Company offers more than 5,000 products through its own brands, which stand for reliability, highest value and full range in their respective product categories. ASSMANN sells its products through its channel partners to end clients in a highly integrated manner and with a relentless focus on customer satisfaction. The Company can swiftly adapt to changing market environments with its highly flexible, fabless business model, leveraging its strong digital backbone, best-in-class processes, efficient logistics and deep sourcing know-how in Asia.
Rudolf Ohnesorge, Member of the Group Executive Committee and responsible for the DACH activities of Luxempart, comments: “We are excited to continue the journey with ASSMANN and to support the management team in executing our shared growth ambitions for the Company. ASSMANN has proven its capacity to deliver profitable growth in a challenging market, reinforcing our confidence in its ability to capture further opportunities in 2026 and beyond.”
ASSMANN Group is well positioned to accelerate its growth organically and selectively through M&A by further expanding its pan-European platform, further broadening its product portfolio and strengthening its overall value proposition. As lead investor, Luxempart will actively support the Company in unlocking these growth opportunities and driving its strategic development.
“We are grateful to the Assmann family for their trust over the past years. Together, we have ensured a smooth transition from a family-owned entrepreneurial company to an organization poised for its next phase of growth,” says John Penning, Managing Director of Luxempart.
Stephan Assmann adds: “In 2019, as part of a succession plan, we sought an investor with an entrepreneurial mindset who also invests in the long-term development of companies. Our expectations for the collaboration with Luxempart over the past few years have been more than fulfilled – despite the challenges we faced together (COVID, supply chain crisis, war in Ukraine). As a result, the ASSMANN Group is in excellent financial condition, highly professionally managed and ideally positioned for the future. The Assmann family continues to actively support the future development of the company.”
About Luxempart
Luxempart is a Luxembourg-based listed investment company with a net worth of EUR 2.3bn backed by Luxembourgish entrepreneurial families. With permanent capital and a professional investment team, Luxempart provides flexible long-term financing solutions to entrepreneurs, families and management and actively supports its portfolio companies in their growth and international expansion. Luxempart’s Direct Investment strategy consists in investing equity tickets ranging from EUR 25m up to EUR 100m in the DACH region, France, BeLux and Northern Italy.
Contact: Rudolf Ohnesorge +352 437 43 5101
