Spinnewco

Spinnewco is controlled by Lars Kann-Rasmussen, a shareholder and member of the founding family of VKR Holding, the Danish industrial group that owns VELUX and DOVISTA. He also controls Wide Invest ApS, a sister investment company. The broader family wealth and governance are managed separately through VKR Holding and the Villum Fonden and VELUX FONDEN philanthropic foundations.

Spinnewco operates independently from the family's philanthropic foundations. VELUX FONDEN and Villum Fonden are charitable entities that hold significant ownership stakes in VKR Holding, generating grant-making capital. Spinnewco, by contrast, is a private investment vehicle for a specific family branch and pursues purely commercial returns without a charitable mandate.

Based on its documented strategy spanning early-stage seed, venture, growth, and buyouts, Spinnewco participates in direct equity investments. Its affiliation with Family Office Networks suggests a co-investment model alongside peer family offices, but public records do not confirm whether it also commits to third-party funds.

Spinnewco holds stakes in two known Danish real estate platforms: Commercial Real Estate Denmark P/S, focused on commercial properties, and Kjøbenhavns Boligejendomsselskab A/S, a residential property company based in Copenhagen. The scale of these holdings is not publicly disclosed.

The family wealth originates from VKR Holding, the industrial group founded in 1941 that today owns global brands including VELUX (skylights) and DOVISTA (doors and windows). The company remains privately held by the Kann-Rasmussen family and its associated foundations.