Inheritance of Knorr-Bremse and Vossloh Shares Secured by Thiele Family Foundation
Friday, 26 March 2021, 07:00
Thiele Family Legacy Maintained Through Family Foundation
After the death of company patriarch Heinz Hermann Thiele, both the auto supplier Knorr-Bremse and rail technology manufacturer Vossloh are set to remain family-owned. The relocation of their shares into a family foundation illustrates a commitment to sustaining the family’s involvement in these significant businesses.
Lufthansa Stake Included
- The shares of Knorr-Bremse and Vossloh will continue to be under family control.
- Thiele’s interests in Lufthansa will also be part of this family foundation.
This strategic decision highlights the family's intention to maintain a strong influence over their businesses, promoting stability and continuity for stakeholders involved.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.