# Ravensburger AG

Ravensburger AG is an other based in Ravensburg, Germany.

## Overview

- **Organization type:** other
- **Headquarters:** Ravensburg, Germany
- **Region:** North America
- **Address:** Ravensburg, Germany
- **Founded:** 1883
- **Assets under management:** Undisclosed
- **Website:** ravensburger.com
- **LinkedIn:** https://www.linkedin.com/company/ravensburger

## Regulatory record

- **Reports private funds:** No

## About

Ravensburger AG was founded in 1883 by Otto Robert Maier as a publisher of children's books and board games. The company is still majority-owned by the Maier family, with Clemens Maier serving as CEO and Dr. Karsten Schmidt as CFO as of 2025. The firm's headquarters remain in Ravensburg, Germany, with additional offices in Berlin and the United States. The company's strategy focuses on physical entertainment and education products. Core asset classes include jigsaw puzzles (the brand's largest revenue driver), board games, and children's books. Ravensburger also licenses popular intellectual properties such as Star Wars and Disney to create themed puzzles and games. Known titles include the strategy game "Scotland Yard" and cooperative game "The Crew." Geographic markets include Europe, North America, and select Asian countries (per the firm's annual report, 2024). Ravensburger employs several thousand people globally. The Maier family also manages philanthropic activities through a separate foundation, though financial details are not publicly disclosed. The firm has expanded into digital gaming via its Ravensburger Digital unit, but physical products remain the core of the business. In 2024, the company reported stable revenue growth driven by strong puzzle sales during the pandemic recovery period (per the firm's press releases, 2024). Structurally, Ravensburger differs from investment-focused family offices in that it operates as a medium-sized, family-run consumer goods company rather than a capital allocator. Its economic moat lies in brand recognition and extensive distribution networks across Europe and North America. The Maier family's long-term ownership horizon allows for patient investment in product development without pressure from external shareholders.

## Sectors

- Media & Entertainment
- Luxury
- Education

## Offices

- Berlin, Germany
- United States

## People

- Clemens Maier — CEO
- Dr. Karsten Schmidt — CFO

## Questions

### What investment stages does Ravensburger target?

Ravensburger does not operate as an investment firm. It is a family-run consumer goods company that invests internally in product development, licensing, and digital expansion rather than engaging in external investment stages typical of family offices (public record).

### How does Ravensburger source its product portfolio?

The company develops puzzles, board games, and children's books in-house, and licenses intellectual properties from major studios like Star Wars and Disney. External acquisitions are rare; most growth comes from organic product launches (per the firm's annual report, 2024).

### What sectors does Ravensburger avoid?

The firm does not engage in financial services, real estate, or technology investing. Its activities are entirely within physical consumer goods—puzzles, board games, and books (public record).

### Who runs commercial operations at Ravensburger?

CEO Clemens Maier leads the company, with CFO Dr. Karsten Schmidt overseeing finances. Both are named in the firm's official communications (public record).

### Where is Ravensburger's primary market?

Europe, particularly Germany, is the core market, but North America is a major growth region. The US office supports distribution and retail partnerships (per the firm's annual report, 2024).

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Last updated: 2026-06-03T20:00:00.000Z

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