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Family HoldingPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 4 SOURCES

Thyssen'sche Handelsgesellschaft m.b.H.

Also known as Thyssen'sche Handelsgesellschaft, THG

Mülheim an der Ruhr family office (GmbH) that buys majority stakes in Mittelstand companies and holds them long term, e.g. h/p/cosmos (2025) and SPIGGLE & THEIS (2020).

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

Family & background

HEADQUARTERS
Mülheim an der Ruhr, Germany

Investment approach

SECTORS
HealthTech
STAGES
Buyout
ROUTES
Companies (own capital)
STRATEGIES
Direct investmentsPrivate equity
LATEST DEAL
h/p/cosmos sports & medical gmbh (Majority stake) · Oct 2025

Overview

Thyssen'sche Handelsgesellschaft m.b.H. (THG) is a family office based in Mülheim an der Ruhr that describes itself as a long-term, family-oriented investor with holdings in Germany and abroad. It acquires majority stakes and leaves operations with the existing management while providing strategic support. Recent acquisitions include ENT-surgery supplier SPIGGLE & THEIS Medizintechnik (2020) and treadmill maker h/p/cosmos sports & medical (October 2025).

Holdings & investments (2)

People

  • Benedikt Boucke
    Managing Director · source
  • Thomas Prangemeier
    Managing Director · source
  • Dr. Henning Schulte-Noelle
    Board Member · source
  • Roland Münch
    Board Member · source

Frequently asked questions

Thyssen'sche Handelsgesellschaft m.b.H. is a family holding based in Mülheim an der Ruhr, Germany.

Thyssen'sche Handelsgesellschaft m.b.H. invests its own capital into companies. Its stated asset mix includes direct investments and private equity.

Thyssen'sche Handelsgesellschaft m.b.H. invests at Buyout stage in HealthTech.

Key people at Thyssen'sche Handelsgesellschaft m.b.H. include Benedikt Boucke (Managing Director), Thomas Prangemeier (Managing Director), Dr. Henning Schulte-Noelle (Board Member) and Roland Münch (Board Member).

Thyssen'sche Handelsgesellschaft m.b.H.'s holdings and investments include h/p/cosmos sports & medical gmbh and SPIGGLE & THEIS Medizintechnik GmbH.

The most recent publicly reported investment by Thyssen'sche Handelsgesellschaft m.b.H. is h/p/cosmos sports & medical gmbh (Majority stake), announced in Oct 2025.