Luxempart completed the acquisition of a 10% minority stake in ASSMANN Group.

Luxempart, a Luxembourg-based listed investment company, completed the acquisition of a 10% minority stake in ASSMANN Group, a brand owner and innovator in IT infrastructure, media and workplace solutions. Financial terms were not disclosed. “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.” Stephan Assmann, ASSMANN Group CEO.