MBB SE
Also known as MBB, MBB Industries AG, Nesemeier & Freimuth GmbH
Berlin-listed family-led holding founded 1995, 71% owned by founders Nesemeier and Freimuth; holds stakes in Aumann, Friedrich Vorwerk, DTS, Delignit and Hanke Tissue.
USEFUL FOR Business owners seeking a long-term partner · Co-investors
Berlin-listed family-led industrial holding (ISIN DE000A0ETBQ4). Not the former aerospace group Messerschmitt-Bölkow-Blohm, from which it bought a former subsidiary in 1997.
Family & background
- FAMILY
- Nesemeier and Freimuth families (Dr. Christof Nesemeier, Gert-Maria Freimuth)
- WEALTH ORIGIN
- Founders of MBB (1995); acquisition and build-up of Mittelstand companies
- HEADQUARTERS
- Berlin, Germany
- FOUNDED
- 1995
- OUTSIDE CAPITAL
- No — own capital only
Investment approach
- GEOGRAPHY
- EuropeNorth America
- STAGES
- Buyout
- ROUTES
- Companies (own capital)
- STRATEGIES
- Direct investmentsPrivate equityPublic equities
Overview
MBB was founded in Berlin in 1995 as Nesemeier & Freimuth GmbH by Dr. Christof Nesemeier and Gert-Maria Freimuth, who in 1997 bought a former Messerschmitt-Bölkow-Blohm subsidiary from Daimler-Benz Aerospace and adopted the MBB name. Listed since 2006, it describes itself as a family-led Mittelstand group; the founders hold indirectly 71% of the shares and lead the company with their families. It invests its own equity, aiming for majority stakes, and holds Aumann, Friedrich Vorwerk, DTS, Delignit and Hanke Tissue, three of which it took public with their founding families, and reported EUR 1.17bn revenue and EUR 760m net cash for 2025. It seeks further majority acquisitions with enterprise values of EUR 10-500m in Europe and the US.
Investment thesis
Buys majority stakes ('daughters, not investment objects') in established companies with sustainable business models and significant growth potential, with enterprise value EUR 10-500m and revenue from EUR 25m, in Europe and the USA, through successions, corporate spin-offs and balance-sheet restructurings; subsidiaries pursue add-ons up to EUR 200m enterprise value. Focus themes: energy transition, e-mobility, security and technology 'Made in Germany'.
Holdings & investments (7)
INVESTMENT ARMS & VEHICLES
- Listed subsidiary: e-mobility, winding technology and automation machinery
- Listed subsidiary: pipeline and plant construction for gas, power and district-heating networks
- Subsidiary: cyber security, software and cloud solutions
- Listed subsidiary: system solutions from renewable raw materials
- Subsidiary: tissue and hygiene products
HOLDINGS & INVESTMENTS · MOST RECENT FIRST
- AumannNOTABLEIndustrial & Manufacturing · since 2015
- Friedrich VorwerkNOTABLEClimate & Energy · since 2019
- CT FormpolsterIndustrial & Manufacturing · since 2010 · Exited 2026 (100% sold to Nexeras)
- DTS ITSoftware & SaaS
- DelignitIndustrial & Manufacturing
- Hanke TissueConsumer & E-commerce
- OBO-WerkeIndustrial & Manufacturing · Exited (2022)
People
- Julian SchefflerManager Investments · source
- Dr. Christof NesemeierCo-founder, Executive Chairman (Verwaltungsratsvorsitzender und Geschäftsführender Direktor) · source
- Gert-Maria FreimuthCo-founder, Deputy Chairman of the Board (Verwaltungsrat) · source
- Torben TeichlerChief Financial Officer (Geschäftsführender Direktor) · source
- Anton BreitkopfMember of the Board (Verwaltungsrat), chair of the audit committee · source
- Jan SchmelterVice President Acquisitions · source
Frequently asked questions
MBB SE is a family holding based in Berlin, Germany, founded in 1995.
MBB SE invests on behalf of the Nesemeier and Freimuth families (Dr. Christof Nesemeier, Gert-Maria Freimuth) family (Founders of MBB (1995); acquisition and build-up of Mittelstand companies).
MBB SE invests its own capital into companies. Its stated asset mix includes direct investments, private equity and public equities.
MBB SE invests at Buyout stage in Industrial & Manufacturing, Mobility & Logistics, Software & SaaS and Consumer & E-commerce.
Key people at MBB SE include Dr. Christof Nesemeier (Co-founder, Executive Chairman (Verwaltungsratsvorsitzender und Geschäftsführender Direktor)), Gert-Maria Freimuth (Co-founder, Deputy Chairman of the Board (Verwaltungsrat)), Torben Teichler (Chief Financial Officer (Geschäftsführender Direktor)) and Anton Breitkopf (Member of the Board (Verwaltungsrat), chair of the audit committee).
MBB SE's holdings and investments include Aumann, Friedrich Vorwerk, DTS IT, Delignit, Hanke Tissue, CT Formpolster and OBO-Werke.
The most recent publicly reported investment by MBB SE is Meter-Q Solutions (asset acquisition by subsidiary Friedrich Vorwerk) (Add-on acquisition), announced in Jul 2026.
No. MBB SE invests its own capital and does not raise money from outside investors.