Viessmann Generations Group acquires Do Investment – renaming to FGTC Investment emphasizes commitment to long-term value creation
The diversified forestry and agriculture projects and value-driven investment direction of the securities institution directly contribute to Viessmann’s purpose to co-create living spaces for generations to come.
October 16, 2024 – The Viessmann Generations Group (“Viessmann”), a purpose-driven family company with a heritage of 107 years, announces the acquisition of Do Investment, a prestigious securities institution based in Munich. Upon completion of the acquisition, Do Investment was renamed FGTC Investment. The acronym "FGTC" – For Generations To Come – reflects the commitment to managing wealth across generations and promoting sustainable value creation, in line with Viessmann's purpose to co-create living spaces for generations to come.
FGTC Investment, previously operated under the name Do Investment by the Dornier family, specializes in advising medium-sized family businesses, foundations, and institutions. In addition to financial portfolio management, the focus is on diversified agricultural and forestry investments in Europe and South America. These sectors are crucial for the reduction and storage of CO2, thus making a significant contribution to climate protection.
Max Viessmann, CEO of Viessmann Generations Group: “A central component of Viessmann's heritage of over 100 years is the principle of co-creation. The acquisition of Do Investment is an entrepreneurial decision based on shared values and a common vision to make a positive impact across generations. With FGTC Investment, we are establishing a platform that enables collaboration with other family businesses to make targeted agricultural and forestry investments, fostering a sustainable future for generations to come.”
The management of FGTC Investment emphasizes that clients will continue to receive the reliability and long-term focus they expect from the company.
Corinna Schütz, Co-MD of FGTC Investment: “We look forward to working with the Viessmann family and are firmly convinced that we will be able to further expand our offering in the future and respond to the constant changes in the capital markets with agility.”
Dirk Rüttgers, Co-MD of FGTC Investment, highlights the parallels between the Dornier and Viessmann families: “The origins of the Dornier and Viessmann family businesses go back over 100 years and several generations. Both share similar values, have a long-term focus and fulfill their social responsibility in a variety of ways. We are delighted to have found the best possible new owner in the Viessmann Generations Group.”
About Viessmann Generations Group
Founded in 1917, the independent family company Viessmann is today a global, broadly diversified Group. All activities are based on the company’s purpose "We co-create living spaces for generations to come”. This is the passion and responsibility that the large worldwide Viessmann family brings to life every day. Viessmann forms an ecosystem of entrepreneurs and co-creators with a clear focus on CO2 avoidance, CO2 reduction and CO2 capturing.
Press Contact:
Byung-Hun Park
Vice President Corporate Communications
E: huni@viessmann.com
M: +49151-64911317
