Multi-Family Office

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Hartenberg Holding

Hartenberg Holding was founded in 2013 by Andrej Babiš and Jozef Janov. The firm manages private capital generated from their agriculture, food and chemicals...

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Hartenberg Holding

Hartenberg Holding was founded in 2013 by Andrej Babiš and Jozef Janov. The firm manages private capital generated from their agriculture, food and chemicals businesses. Beneficial ownership rests with Babiš at 87.75 percent and Janov at 9.75 percent through trusts. Hartenberg targets established businesses with enterprise values between EUR 40 million and EUR 200 million. It pursues buyouts and growth equity in healthcare, consumer and real estate sectors. Confirmed positions include FutureLife, held jointly with CVC Capital Partners. The firm also holds The Orchard Ostrava commercial asset in Czechia and Corwin mixed-use projects in Slovenia and Slovakia. Geographic reach covers 18 European countries plus one Asian market. Investments occur through direct co-investments, SPVs and private equity structures. The firm reports 5,900 colleagues across 61 acquisitions and total invested capital near EUR 700 million. Hartenberg Capital maintains a team of investment professionals in Prague. Adjacent vehicles include Nadace Agrofert, the philanthropic foundation tied to the founding wealth. No dated operational events from the last 24 months appear in public records. Ownership and governance remain concentrated with the two principal families. Key professionals at Hartenberg Capital hold performance-tied stakes. This structure allows long-term holding periods without external LP pressure and supports co-investment alongside partners such as CVC Capital Partners.

General information

Firm type

Multi Family Office

Year founded

2013

AUM

750 (Altss estimate)

Location

Region

Europe

Country

Czech Republic

City

Prague

Corporate office

Prague, Czech Republic

Principals

Andrej Babiš

Founder

Jozef Janov

Managing Partner

Libor Němeček

Partner

Sector focus

Healthcare ServicesAgriTech & FoodTechDigital HealthIndustrial TechReal Estate

Frequently asked questions

Who runs investment decisions at Hartenberg Holding?

Jozef Janov serves as Managing Partner and Libor Němeček as Partner. Both hold ownership stakes in Hartenberg Capital. All key investment professionals maintain performance-linked equity.

How does Hartenberg Holding source proprietary deal flow?

The firm leverages the industrial networks of founders Andrej Babiš and Jozef Janov in agriculture, food and chemicals. It also pursues opportunities through existing portfolio companies across 19 countries.

Is Hartenberg Holding structured as a single family office or does it operate more like a venture firm?

It functions as a multi-family office with committed capital from Babiš and Janov. The vehicle executes buyouts and growth investments rather than early-stage venture.

Does Hartenberg Holding participate in fund commitments or only direct deals?

The firm focuses on direct co-investments and SPVs. It does not commit to external funds as a primary strategy.

What investment stages does Hartenberg Holding typically target?

It targets buyout and growth equity in companies with enterprise values from EUR 40 million to EUR 200 million. Larger transactions occur via co-investments.

Where does the underlying wealth come from?

Wealth originates from the agriculture, food and chemicals businesses built by Andrej Babiš and Jozef Janov. Hartenberg Holding manages a portion of that capital.

What is Hartenberg Holding's known posture on co-investments alongside external GPs?

It maintains a joint ownership position in FutureLife with CVC Capital Partners. The firm states openness to co-investments on larger transactions.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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