Hamberger Recognized as One of the Most Popular Family-owned Companies in Germany

Family entrepreneurs in the fourth and fifth generations, Peter Hamberger (right) and Dr. Peter M. Hamberger (left).

Rosenheim-based company Hamberger Industriewerke GmbH announced that the company has been recognized as one of the “Most Popular Family-owned Companies in Germany” in 2021 according to the ‘Deutschland-Test’ special edition of the weekly magazine FOCUS. The study was carried out by the Cologne-based analysis and consulting company ServiceValue and the business magazine FOCUS MONEY.  

Selected companies must fulfill the following requirements:

  • The company must be in direct contact with the end customer.
  • Annual sales must be at least 35 million euros.
  • The company must comply with the EU Commission’s definition, which essentially states: A company ( … ) must hold the majority of the decision-making rights, which must be held directly or indirectly by the family or founder. In the case of listed companies, a family member – or the person who founded the company or acquired the share capital – must still hold at least 25 per cent of the decision-making rights.

A total of 124,197 consumer opinions were collected and evaluated. Based on the calculated mean values, a ranking of all the examined companies was created. The 150 best companies are given the award.

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