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Single Family OfficePuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 7 SOURCES

Syngroh Capital

Also known as Grohe Family Office, Syngroh Capital GmbH

Investment company of the Grohe family (Hansgrohe founders) in Schiltach and Frankfurt; buys majority and minority stakes in German-speaking Mittelstand firms.

USEFUL FOR Business owners seeking a long-term partner · Co-investors

Family & background

FAMILY
Grohe
WEALTH ORIGIN
Hansgrohe (sanitary fittings)
HEADQUARTERS
Schiltach, Germany
OFFICES
Frankfurt am Main, Germany
FOUNDED
2017
OUTSIDE CAPITAL
No — own capital only

Investment approach

SECTORS
Industrial & ManufacturingHealthTechReal Estate & PropTech
GEOGRAPHY
GermanyAustriaSwitzerland
STAGES
GrowthBuyout
ROUTES
Companies (own capital)
STRATEGIES
Direct investmentsPrivate equityReal estate
LATEST DEAL
Kraft & Bauer (Majority stake) · Mar 2026

Overview

Syngroh Capital GmbH is the investment company of the Grohe family, whose capital comes from its stake in Hansgrohe, held since 1999 in Syngroh Beteiligungsgesellschaft mbH. Syngroh Capital and its advisory arm Syngroh Advisory GmbH were set up in 2017 to make further direct investments, without outside capital. It takes majority and minority stakes in Mittelstand companies in the German-speaking region, focused on succession, long-term growth capital and internationalisation. The family's real-estate investments run through Poligroh, which buys residential property in German cities.

Investment thesis

Invests in Mittelstand companies with substance, a clear market position and growth prospects, with a focus on succession solutions, long-term growth capital and financing modernisation and internationalisation.

Holdings & investments (8)

INVESTMENT ARMS & VEHICLES

  • Syngroh Advisory GmbH
    Identifies, reviews and manages investments with a team of private-equity specialists
  • Poligroh
    Real-estate investment company of the Grohe family

HOLDINGS & INVESTMENTS · MOST RECENT FIRST

  • HansgroheNOTABLE
    Industrial & Manufacturing
  • Kraft & Bauer
    Industrial & Manufacturing · since 2026
  • Carl Benzinger
    Industrial & Manufacturing · since 2024
  • TermaCook
    Industrial & Manufacturing · since 2022
  • Private Client Bank
    Fintech · since 2022
  • Zircon Medical
    HealthTech · since 2021
  • Novopress
    Industrial & Manufacturing · since 2019
  • KMLS Service
    since 2018

People

  • Richard Grohe
    Shareholder and Managing Director · source
  • Dr. Ralph A. Becker
    Managing Director, Family Officer · source

Frequently asked questions

Syngroh Capital is a single family office based in Schiltach, Germany, founded in 2017.

Syngroh Capital invests on behalf of the Grohe family (Hansgrohe (sanitary fittings)).

Syngroh Capital invests its own capital into companies. Its stated asset mix includes direct investments, private equity and real estate.

Syngroh Capital invests at Growth and Buyout stages in Industrial & Manufacturing, HealthTech and Real Estate & PropTech.

Key people at Syngroh Capital include Richard Grohe (Shareholder and Managing Director) and Dr. Ralph A. Becker (Managing Director, Family Officer).

Syngroh Capital's holdings and investments include Hansgrohe, Kraft & Bauer, Carl Benzinger, TermaCook, Private Client Bank, Zircon Medical, Novopress and KMLS Service.

The most recent publicly reported investment by Syngroh Capital is Kraft & Bauer (Majority stake), announced in Mar 2026.

No. Syngroh Capital invests its own capital and does not raise money from outside investors.