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US capital is buying more of Germany’s specialized Mittelstand firms

DW News · 2026-10-20
🤖 AI-generated content — The title and summary were produced automatically by artificial intelligence, without human editorial review.

PitchBook counted 76 US-linked deals in German industry in 2025 worth about $29.5 billion (€26.3 billion), nearly double 2022; by 19 August 2026 the total was $23.9 billion. Birkenstock, Viessmann, Linde and ebm-papst are among firms now American-owned as succession gaps turn family SMEs into targets prized for niche expertise, and Veracity Capital adviser Samar-Ahmad Albrecht-Mahmood says US interest remains strong.

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Source: DW News · via ahirlevel.hu

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