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Holding Company
corporate.vorwerk.com

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Investments

1

About Vorwerk Group

Vorwerk Group is a holding company involved, through its subsidiaries, in the worldwide direct sale of high-quality household products (Kobold vacuum cleaners, Thermomix kitchen appliances, Twercs tools, Lux Asia Pacific products) and cosmetics (JAFRA Cosmetics).

Vorwerk Group Headquarter Location

Mühlenweg 17-37

Wuppertal, 42270,

Germany

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Latest Vorwerk Group News

Vorwerk & Co KG’s Management Buy-Out of Vorwerk Teppichwerke

Aug 18, 2020

The Vorwerk Group has accepted an offer from a management team at Vorwerk Flooring to run Vorwerk Teppichwerke as an independent company outside the Vorwerk group at the Hamelin location in future. The Vorwerk Group will support the development of the business including the licensing of the Vorwerk brand and will make its contribution to the continued existence of the plant. The final closing of the transaction will take place separately. Vorwerk is an international diversified corporate group headquartered in Wuppertal, Germany. The main business is the direct distribution of various products like household appliances, fitted kitchens and cosmetics. Vorwerk was founded in 1883. Luther team was led by Dr Arndt Begemann (Picture) and Dr Michael Bormann and included Conrad Waleczek, Dr Maximilian Dorndorf, Klaus Thönißen, Nadine Bourgeois and Dr Philipp Honisch.

Vorwerk Group Investments

1 Investments

Vorwerk Group has made 1 investments. Their latest investment was in Degrenne as part of their Corporate Minority on March 3, 2019.

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Vorwerk Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/1/2019

Corporate Minority

Degrenne

Yes

1

Date

3/1/2019

Round

Corporate Minority

Company

Degrenne

Amount

New?

Yes

Co-Investors

Sources

1

Vorwerk Group Acquisitions

1 Acquisition

Vorwerk Group acquired 1 company. Their latest acquisition was Neato Robotics on September 20, 2017.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

9/20/2017

Unattributed VC

$48.22M

Acquired

3

Date

9/20/2017

Investment Stage

Unattributed VC

Companies

Valuation

Total Funding

$48.22M

Note

Acquired

Sources

3

Vorwerk Group Team

3 Team Members

Vorwerk Group has 3 team members, including former Chief Information Officer, Senior Vice President, Fabio Manzoni.

Name

Work History

Title

Status

Fabio Manzoni

Walgreens Boots Alliance, RB, Atlantic Technologies, and KPMG

Chief Information Officer, Senior Vice President

Former

Alexander Göttel

Senior Vice President

Former

Kai Schaeffner

Senior Vice President

Former

Name

Fabio Manzoni

Alexander Göttel

Kai Schaeffner

Work History

Walgreens Boots Alliance, RB, Atlantic Technologies, and KPMG

Title

Chief Information Officer, Senior Vice President

Senior Vice President

Senior Vice President

Status

Former

Former

Former

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