Annual rank66
Germany · Industrials
MBB
MBB is a family of independent Mittelstand companies working in energy transition, e-mobility, renewable raw materials and cybersecurity.
FY2022–FY2025
FY2022–FY2025
FY2022–FY2025
current context only
Company profile
A listed parent behind six independently managed specialists
MBB SE is a Berlin-based, listed holding and management company, not the manufacturer behind its portfolio. Founders Christof Nesemeier and Gert-Maria Freimuth indirectly own 71%. Six independently managed operating groups span energy infrastructure, automation, cyber security, technical beech materials, tissue and foam products; Aumann, Friedrich Vorwerk and Delignit are themselves publicly traded. The distinctions below keep MBB's capital-allocation and mentoring role separate from subsidiaries' factories, projects, customers and brands.
Ownership and acquisitions
Own funds, indefinite ownership and local authority
MBB seeks established businesses in Europe and the US, normally with at least €25 million revenue and €10–500 million enterprise value, in succession, spin-off or balance-sheet restructuring situations. It says acquisitions use own funds, have no fixed exit horizon and preserve local names, locations and operating responsibility; an MBB mentor becomes management's sparring partner. Majority-at-entry is not the same as always owning more than half: at 31 March 2026 MBB reported 39.78% of Friedrich Vorwerk while retaining control through a uniform-voting agreement, and its 2025 report explains why Aumann was consolidated despite a 47.81% economic stake.
- See who controls the parent Founder ownership, free float and the listed MBB share
- Check the acquisition screen Target size, geographies and transaction situations
- Read the ownership philosophy Own-funds financing, continuity and operating independence
- Verify ownership and control Audited stakes and the consolidation basis at Aumann and Friedrich Vorwerk
Three listed industrial holdings
Grid construction, factory automation and engineered beech
Friedrich Vorwerk plans and builds gas, electricity, hydrogen and district-heating infrastructure. Its 43-km SuedLink civil-works lot was awarded to a consortium in which the group holds 40%; its Statkraft order is for a 10 MW PEM electrolyser whose main construction awaits final authorisations and whose commissioning is scheduled for 2027. Aumann automates motor winding, battery modules and packs, electrode coating and fuel-cell production, while Next Automation addresses aerospace, defence, robotics and life sciences. Delignit turns beech into cargo-area systems, rail floors and protection solutions. On 16 July 2026 Delignit extended its lease of Bellotti's Rail & Marine unit through 31 January 2027; a permanent takeover remained undecided.
- Inspect the SuedLink consortium scope A 40% group share in a 43-km civil-works contract
- Follow the Statkraft electrolyser order Authorisation-dependent construction and planned 2027 commissioning
- Follow a battery-module line Inspection, stacking, joining, testing and traceability
- Read the Bellotti lease update Extension through January 2027 while a permanent takeover remains open
- ▶ VideoWatch: automated pipe welding Official English 5C-Tech film introducing the PX-II system
- ▶ VideoWatch: beech becomes a technical material Official English Delignit sustainability and production film
Three privately held operators
Cyber defence, tissue conversion and direct-to-door mattresses
DTS combines two own certified German data centres with cloud services, proprietary security software and a 24/7 security operations centre; its Meyer & Meyer reference shows continuous monitoring in practice. Hanke Tissue makes parent reels and converts tissue into toilet paper, towels, napkins and facial tissues, sold under “aha” and private labels. CT Formpolster produces eight named polyurethane foam types and four white-label mattress lines, then can roll-pack and drop-ship them directly to a retailer's customer. MBB's reported stakes were 80%, 93.01% and 100%, respectively, at 31 December 2025.
- Enter the DTS security operations centre Continuous monitoring, detection, analysis and response
- Read a named DTS customer case Meyer & Meyer on DTS Cockpit and 24/7 monitoring
- Browse Hanke's tissue range Reels, napkins, facial tissues, toilet paper and kitchen towels
- Build a white-label mattress Four ready-developed lines, branding, roll-pack and fulfilment
- Follow CT's dropshipping flow Digital order capture, production, packaging and direct delivery
How the portfolio was built
Succession, carve-outs and public equity without one operating brand
The portfolio followed different paths: MBB combined Claas Fertigungstechnik with Aumann before Aumann's 2017 IPO; backed Friedrich Vorwerk through generational change before its 2021 IPO; and acquired Delignit in 2003 before its 2007 listing. CT came from Continental in 2010. The MBB name itself dates to a 1997 purchase of a former Messerschmitt-Bölkow-Blohm subsidiary from Daimler-Benz Aerospace; today's group should not be mistaken for the aerospace company.
- Trace MBB's own roots The 1995 founding, 1997 name origin and 2006 IPO
- View the complete six-company portfolio One holding company, six independently managed operating groups
- Explore Aumann's industrial history The operating company's milestones and technology development
- Trace Delignit's industrial history From a 1799 register entry to today's technical materials
Official profile sources: For Entrepreneurs - Our Acquisition Focus - MBB SE · For Entrepreneurs - Our Acquisition Philosophy - MBB SE · About us - Our Mission - MBB SE · About us - Our Roots - MBB SE
Current 2026 update
What has changed in 2026?
Q2 2026 · 22 July 2026
Q2 2026latest official update
4company-specific highlights
−6%2026 stock return · context only
Adjusted EBITDA
Q2 adjusted EBITDA increased 61.7% to EUR 75.2 million.
Quarterly revenue
Q2 revenue rose 4.6% to EUR 298.5 million.
Half-year revenue
H1 revenue was EUR 536.0 million, down 1.7% year on year despite the Q2 increase.
Earnings forecast raised
MBB raised its 2026 adjusted EBITDA-margin forecast to 18–20% from 15–18%, while leaving revenue guidance at EUR 1.1–1.2 billion.
Official 2026 sources: MBB increases adjusted EBITDA by 62% to EUR 75 million and raises earnings forecast · 22 July 2026
Annual record
Ranking history
Future editions add rows; they do not rewrite the 2026 record.
| Edition | Measurement period | Rank | Revenue growth | Net-income growth | Stock return |
|---|---|---|---|---|---|
| 2026 | FY2022–FY2025 | 66 | +31% | +332% | +136% |