Bayern Munich have confirmed that the Viessmann Generations Group will become the club's fourth external shareholder. The investment group, headed by Max Viessmann, will take a stake of just under 6.7% in FC Bayern München AG. The parent association's stake falls from 75% to 70%. Adidas, Audi and Allianz, which each held about 8.33%, will also see their holdings diluted. BILD reports the deal will bring in €250 million, the largest investment in the club's history. The money is expected to bolster cash reserves rather than fund new signings. Viessmann, 37, will join the supervisory board, which grows from nine to ten members. His family sold Viessmann Climate Solutions to Carrier Global in 2023. "This step strengthens the ownership structure," said club president Herbert Hainer.

Schalast advises Viessmann Generations Group on minority investment in Venios. 01.10.2026 A team led by Schalast VC Partner Dr. Marc-André Rousseau has provided comprehensive legal advice to Viessmann Generations Group (VGG) on its minority investment in Venios GmbH, a specialist in the digitalisation and automation of distribution grids. With this investment, VGG is strengthening its Electrical Grid Infrastructure platform and supporting the further scaling of the Venios.NET software platform. Viessmann Generations Group (VGG) is an independent, fourth-generation family business with operations in more than 40 countries and around 6,000 employees in its industrial core. Its activities span energy and grid infrastructure, local and district heating, as well as cooling and cleanroom solutions. Through its investment in Venios, VGG is further expanding its commitment to grid infrastructure. In 2024, the group already acquired GRITEC, a provider of turnkey technical buildings and transformer stations. Founded in Frankfurt am Main in 2012, Venios develops software solutions for predictive and efficient grid operations. Its Venios.NET platform combines measurement data, meter readings, and grid and master data within a single grid model, creating a digital representation of the distribution grid. Dr. Marc-André Rousseau comments: "We are very pleased to have advised Viessmann Generations Group on this strategically important investment in Venios. The transaction demonstrates how digitalisation and grid infrastructure are increasingly converging to advance the energy transition. At the same time, it underlines Schalast's growing experience in investments across the fields of energy, infrastructure and intelligent grid technologies." Schalast advised on the transaction with an interdisciplinary team covering Venture Capital, Labour Law, Energy, as well as IP, Data and Software, providing VGG with comprehensive legal advice on all relevant aspects of the transaction.