List of the 300 largest Single Family Offices in Germany [2024]

List of 3 large German Single Family Offices

Germany is a hotspot for single-family offices. In recent years, dozens of major family offices have been created. German family offices invest, besides traditional asset classes like equity and debt, in real estate, venture capital and private equity. Also, renewables investments are on the rise. In the following, we are introducing you to three German single-family offices from our list.

1. Syngroh Capital (Schiltach, Grohe family)

The Grohe family built up the sanitary product firm Hansgrohe SE since 1901. Today, the firm belongs to the leading companies in the industry with annual revenues exceeding €1.5BN. The family office of the Grohe family invests in different asset classes, amongst others in private equity. Private equity investments of the Grohe family office are pursued through Syngroh Capital GmbH. The focus of Syngroh lies on companies in the German speaking region with an enterprise value between €10-50M. In 2022, Syngroh acquired hob manufacturer TermaCook.

Update 2024: In February 2024, the Syngroh family office announce the takeover of the machine engineering company Benzinger.

2. Dohle Family Office (Siegburg, Dohle family)

The Dohle family built their family fortune through the well-known HIT trading group, which is one of the largest food retailers in Germany. The company manages 102-HIT stores and employs over 6000 people. The affiliated Dohle Family Office invests on behalf of the family. The investment focus is on real estate and capital investments. There is also an interest in investing in agricultural land.

3. Wirtgen Invest (Neustadt, Wirtgen family)

The German Wirtgen family sold the family company – a construction machinery manufacturer – to John Deere for a billion dollar valuation. In the following, the family established one of the most active German single family offices. Wirtgen Invest is invest in several verticals, from energy, to real estate, venture capital and financial markets. Especially in real estate and renewable energy, the family office plays a major role. For example, several large-scale solar and wind projects were acquired all over Europe. In real estate, the family office already acquired major buildings like the T8 skyscraper in Frankfurt.

Update 2023: In 2022, the Wirtgen family office was once again an active investor. In October, the family investment vehicle acquired the A-Rosa hotel in Sylt, Germany. In December 2022, the firm announced the plan to acquire a 50MW wind park in Greece.

Map of the investors in our list

Germany’s financial centers – with many asset management and investment firms as well as private banks – are Munich, Frankfurt, Berlin and Hamburg. Accordingly, most German family offices are located in these cities. Furthermore, there are a number of highly relevant HNWI investors in Düsseldorf, Stuttgart and Cologne. Of course, there are also many German single family offices that are rather regionally active and anchored, for example in Bavarian small city Rosenheim or Tegernsee.

Private investment vehicles of wealthy German families

Germany’s Single Family Office scene is dominated by entrepreneurial characters whose family built up their family empire within the last century. The SFO wealth is locked in relatively safe assets like real estate or shares of the own family company. But, more and more German SFOs are moving toward alternative investments like private equity or venture capital.

German family offices: a market overview

It is estimated that there are more than 300 (single) family offices in Germany. We cover all of them in our extensive list. In general, there is a broad spectrum of family offices active in Germany. The most basic form of family offices are holding structures that manage the privately-held shares of the family company and extend their focus with dedicated investments. But there are also fully-fledged family investment vehicles, like the Wirtgen family office with investments in capital markets, real estate, venture capital and also alternative asset classes like renewables. Furthermore, there are various specialized German family offices that invest in only one asset class, like venture capital or real estate.

Detailed investment focus, contact details, management, background information

The list contains a large number of data points with which you can work. These begin with basic information such as the name and estimated assets of the family. It also includes, where available, contact details such as e-mail address, website, telephone number and postal address, as well as the names of the managing directors. In order to assess the exact investment focus of the single family offices, we provide data such as detailed information and exemplary made investments for each possible area (e.g. real estate, venture capital, private equity…).

Information included in our list

• Country of main location
• Company name
• Contact data (URL, address, e-mail, telephone number, executives)*
• Family information (Name, Estimated family assets in M€, Holding structure)*
• Real Estate Focus (Yes/No) / Real Estate Focus Details / Example Real Estate Investments
• Venture Capital Focus (Yes/No) / Details on Venture Capital Focus / Examples of Venture Capital Investments
• Private Equity Focus (Yes/No) / Details on Private Equity Focus / Examples of Private Equity Investments
• Financial assets focus (Yes/No)
• Renewable Energies Focus (Yes/No)
• Other focus (art, forest and agricultural areas, etc.)
• Creation and final review of Excel entries

*Values may be missing if some data points are not publicly available. The “largest single family offices” are defined by the wealthiest German families who actively invest through companies and for whom reliable information is available. By regular, free updates and extensions we constantly improve the quality of the information. We will be happy to provide you with more detailed information.