“Together we have ensured a smooth transition to an organisation ready for its next phase of growth,” said Luxempart managing director John Penning. (Photo: Guy Wolff/archives)

“Together we have ensured a smooth transition to an organisation ready for its next phase of growth,” said Luxempart managing director John Penning. (Photo: Guy Wolff/archives)

Luxempart becomes the majority shareholder of the Assmann Group after increasing its stake to 60%, strengthening its role in the strategy of the German IT infrastructure specialist.

Luxempart consolidates its bet on professional IT infrastructure. The Luxembourg investment group has just acquired a further 10% of Assmann Group’s capital, thereby becoming the majority shareholder. This strategic step marks the culmination of a partnership that began in 2019 and opens up a new development cycle for the German company specialising in IT infrastructure solutions, media and workstation design.

In six years, Luxempart has gone from being a reference shareholder to a true leader. Its acquisition of a 50% stake in 2019 was part of a succession plan designed to ensure the long-term future of a family group in the throes of transition. Since then, the investor has accompanied the company through some of the sector’s most testing crises: pandemics, global supply disruptions and geopolitical uncertainties.

Despite this backdrop, “Assmann has demonstrated its ability to generate solid growth, reinforcing our confidence in its potential to seize new opportunities in 2026 and beyond,” points out executive committee member and head of Luxempart’s Dach business, Rudolf OhnesorgeRudolf Ohnesorge.

Together, we have ensured a smooth transition from a family business to an organisation ready for its next phase of growth.
John Penning

John Penningmanaging directorLuxempart

Support for Luxembourg entrepreneurial families

At a time when digital infrastructure is becoming a critical link in industrial value chains, this increased shareholding reflects Luxempart's desire to take a stronger hand in the strategy of a player whose European ambitions are asserting themselves. The group will thus take the lead in development, while Stephan Assmann and his family remain shareholders and will continue to sit on the supervisory board. “Together, we have ensured a smooth transition from a family business to an organisation ready for its next phase of growth,” recalls Luxempart's managing director, John PenningJohn Penning.

The transaction is fully in line with Luxempart's direct investment strategy, which focuses on equity investments of between €25 million and €100 million in the Dach region, France, the Benelux countries and northern Italy. With net assets of €2.3 billion and the backing of Luxembourg entrepreneurial families, the group relies on permanent capital and an experienced investment team to offer flexible, long-term financing solutions, while actively supporting the growth and internationalisation of its holdings.