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CompanyAustriaUpdated Apr 5, 2026
Tengelmann Twenty-One KG

Tengelmann Twenty-One KG

Tengelmann Twenty-One KG: Investor, Limited Partner • focus on Venture Capital • active in Austria, Germany • offices in Austria, Germany • AUM $6.1B.

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Company Profile

Founded in 1867 by Wilhelm Schmitz-Scholl, Tengelmann Group has evolved from a regional grocery business into a multinational investment holding. Operating under the umbrella of Tengelmann Twenty-One KG, the company manages a diversified portfolio across retail, real estate, and venture capital sectors, maintaining a strong presence in Europe and North America.

In the retail sector, Tengelmann holds significant stakes in companies like KiK, a leading textile discounter with over 4,000 stores across 12 countries, and OBI, a prominent DIY retailer operating 645 stores in 10 countries. The group's real estate arm, Trei Real Estate, focuses on developing and managing commercial and residential properties, while its venture capital initiatives are driven by Tengelmann Ventures, Tengelmann Growth Partners, and Emil Capital Partners, investing in startups and growth-stage companies.

Under the leadership of CEO Christian W.E. Haub, Tengelmann continues to pursue strategic investments and partnerships, emphasizing sustainable growth and innovation. The company's commitment to long-term value creation is reflected in its diversified investment approach and active involvement in the management of its portfolio companies.

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