What COFRA Holding does

COFRA Holding AG is a privately held Swiss family holding company, registered in Zug and wholly owned by sixth-generation descendants of founders Clemens and August Brenninkmeijer, who established the predecessor C&A business in 1841. Formally incorporated in 2001 to consolidate ten separate C&A entities ahead of the European single market, COFRA manages over €35 billion in combined assets across three core financial platforms — Bregal Investments (€19bn+ AUM in private equity across six strategies covering North America and Europe), Redevco (€10.5bn AUM in European urban real estate across retail parks, logistics, real estate debt, mixed-use, and living & leisure), and Anthos Fund & Asset Management (values-based multi-asset management for family offices, foundations, and faith-based organizations). Beyond financial services, the group holds operating businesses in affordable sustainable fashion retail (C&A), commercial rooftop solar development (Sunrock, acquired 2020), and controlled environment agriculture via the Sustainable Food Group (Dalsem and Ontario Plants Propagation, acquired 2022).

COFRA's business model rests on long-term, values-driven capital stewardship across the financial and operating portfolios, with revenue generated through management and performance fees at Bregal, Redevco, and Anthos, alongside product sales at C&A, Sunrock, and the Sustainable Food Group. Distribution is institutional and direct: Bregal and Redevco deploy via embedded European city teams (nine Bregal offices across the US and Europe, Redevco teams in seven European cities), Anthos serves family offices and faith-based institutions globally, and C&A reaches European consumers through physical retail and digital channels. The holding structure allows each subsidiary to operate with its own CEO while sharing family governance, sustainability commitments (science-based Scope 1/2 reduction targets and validated B Corp certifications at Anthos and Sunrock), and a multi-generational stewardship culture that has produced a 15-year family apprenticeship program and an extensive non-executive director bench drawn from Swiss Re, Unilever, Diageo, and Advent International.

Recent strategic activity signals an aggressive platform-building phase: Redevco's acquisition of Roebuck (~€1bn AUM, 2025) and €500m anchor commitment from CBRE Investment Management into the new European Retail Parks Fund opened its historically internal real estate platform to external institutional capital; Bregal launched a US-based secondaries strategy in New York (2025) and closed Bregal Unternehmerkapital Fund IV at €2.65bn (oversubscribed); Anthos entered a strategic partnership with Portocolom to embed its strategies across faith-based institutional books; and the group has refreshed CEO leadership at Bregal (Jens Brenninkmeyer, Feb 2026) and Anthos (Ronald Wuijster, Aug 2026), with Neil Slater's planned transition out of Redevco by January 2027.

Name

COFRA Holding

Legal name

COFRA Holding AG

Website

https://cofraholding.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

501–1,000 employees

Short description

COFRA Holding AG is a privately held, sixth-generation Brenninkmeijer family enterprise managing €35bn+ across Bregal Investments (private equity), Redevco (European real estate), Anthos Fund & Asset Management, plus operating businesses in fashion retail (C&A), clean energy, and sustainable food.

Ownership category

akta.pro rank

Product category

Diversified Family-Owned Investment Holding

NAICS

Offices of Other Holding Companies (551112), All Other Financial Investment Activities (52399)

SIC

Investors, Nec (6799)

akta.pro primary industry

Energy & Sustainability / Climate Growth Equity (FSANACAG)

Keywords

• Private equity investments
• Asset management services
• Real estate management
• Sustainable fashion retail
• Family enterprise holding

Headquarters

HQ city

Zug

HQ country

Switzerland

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain, Technology or R&D, Others

Revenue model

1. Private Equity Returns: COFRA generates returns through its private equity platform Bregal Investments, including carried interest, management fees from its fund strategies, and value creation from portfolio companies.
2. Private Equity Management Fees: Bregal Investments manages €19bn+ across multiple strategies including direct investments and fund-of-funds, generating management fees and performance fees.
3. Real Estate Management: Redevco manages €10.5bn in real estate assets across Europe, generating fees from asset management, development, and investment management services.
4. Asset Management Fees: Anthos Fund & Asset Management provides values-based asset management services to family offices, foundations, and faith-based organizations, generating management fees and advisory revenue.
5. Retail Operations: COFRA holds businesses in retail (C&A), clean energy (Sunrock), and sustainable food (Dalsem, Ontario Plants Propagation) which generate revenue through product sales and services.

Go-to-market motion4 records

Distribution channels4 records

Marketing channels5 records

Core offering

COFRA Holding AG is a privately-held family enterprise that operates as a centralized holding company for a diversified portfolio of businesses. Through its core subsidiaries, COFRA manages over €35 billion in assets across private equity (Bregal Investments with €19bn+ AUM), European real estate management (Redevco with €10.5bn AUM), and values-based asset management (Anthos Fund & Asset Management). The portfolio also includes C&A retail fashion, Sunrock commercial solar, and a Sustainable Food Group comprising Dalsem greenhouse developers and Ontario Plants Propagation.

Product overview

COFRA Holding is a privately held investment holding company operating a diversified portfolio of businesses across private equity, real estate, and asset management, managing over €35 billion in total assets. The company offers a multi-platform approach through its core subsidiaries: Bregal Investments (private equity with €19bn+ AUM across 6 strategies including Sagemount, Unternehmerkapital, Milestone, Sphere, and Private Equity Partners), Redevco (European real estate manager with €10.5bn AUM offering retail parks, logistics, real estate debt, mixed-use, living & leisure, and special situations), and Anthos Fund & Asset Management (values-based asset management with multi-asset, equities, fixed income, absolute return, real estate, and private equity offerings). Additional businesses include C&A (retail), Sunrock (clean energy/solar), Dalsem (greenhouse development), and Ontario Plants (young plants propagation) within the Sustainable Food Group.

Differentiator

Problem solved

Functional benefit

Brands

• Bregal Sagemount: Flexible capital and strategic assistance for well-established companies in high-growth sectors in North America and Europe
• Bregal Unternehmerkapital
• Bregal Milestone
• Bregal Sphere
• Bregal Private Equity Partners
• Redevco Retail Parks
• Redevco Logistics
• Redevco Real Estate Debt
• Redevco Retail & Mixed-use
• Redevco Living & Leisure
• Redevco Capital Partners
• Anthos OCIO
• Anthos Multi-asset impact
• Anthos Equities
• Anthos Fixed income
• Anthos Absolute return strategies
• Anthos Real estate
• Anthos Private equity

Products and services

• Bregal Investments
• Bregal Sagemount
• Bregal Unternehmerkapital
• Bregal Milestone
• Bregal Sphere
• Bregal Private Equity Partners
• Bregal Secondaries Strategy
• Redevco
• Redevco Retail Parks
• Redevco Logistics
• Redevco Real Estate Debt
• Redevco Retail & Mixed-use
• Redevco Living & Leisure
• Redevco Capital Partners
• Redevco European Retail Parks Fund
• Anthos Fund & Asset Management
• Anthos OCIO
• Anthos Multi-asset Impact
• Anthos Equities
• Anthos Fixed Income
• Anthos Absolute Return Strategies
• Anthos Real Estate
• Anthos Private Equity
• C&A
• Sunrock
• Dalsem
• Ontario Plants Propagation

Quantifiable outcome

• Science-based targets: 50% reduction in Scope 1 and 2 emissions by 2030 from 2019 baseline
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered minor and core.

• Invesco Real Estate and Propel IndustrialminorStrategic or Co-development Partner · 20 October 2025Redevco provided €67 million loan to fund acquisition and development of two Class A Mid-Box Logistics projects in Frankfurt and Karlsruhe by Invesco Real Estate and Propel Industrial joint venture. Projects targeting EPC A certification and DGNB Platinum sustainability standards.
• PortocolomcoreStrategic or Co-development Partner · 11 June 2024Strategic partnership between Anthos Fund & Asset Management and Portocolom to develop sustainable multi-asset investment portfolios. Portocolom's clients will benefit from Anthos' sustainable investing expertise while preserving their contractual relationship with Portocolom. The partnership includes faith-based institutions whose investments are managed by Portocolom using Anthos strategies.
• PorticuscoreStrategic or Co-development PartnerPorticus advises and supports Constanter (COFRA's philanthropy entity) in developing and executing its philanthropic strategy. Established in 1995, active in over 135 countries, focusing on tackling root causes of problems by understanding systems in which they arise.
• Laudes FoundationcoreStrategic or Co-development PartnerLaudes Foundation advises Constanter in developing and executing philanthropic strategy. Exists to challenge and inspire industry to harness its power for good, supporting bold action to tackle inequality and climate change. Born from C&A Foundation work.
• RoebuckcoreStrategic or Co-development PartnerRedevco acquired Roebuck, a specialist logistics investment and asset manager with approximately €1 billion in assets under management. Roebuck brings 15-year track record and will form dedicated logistics arm under Redevco umbrella.

Scale indicators8 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Merck KGaA: Family-controlled (Merck family) German science and technology company with healthcare, life science and electronics divisions — directly comparable as a multi-generational family-owned German/European holding combining operating businesses and value-based governance.
• Exor N.V. Agnelli-family-controlled diversified holding company with controlling stakes in Ferrari, Stellantis, Juventus and The Economist, plus a private equity portfolio managed through Exor Ventures — directly comparable to COFRA as a multi-generational European family holding deploying patient capital across operating businesses and direct investments.
• Haniel: German family-owned (fifth generation) diversified holding with operating businesses in building solutions and retail, plus investments in venture and growth capital — directly comparable to COFRA's structure of family-owned operating subsidiaries combined with PE and asset management arms.
• Heraeus Holding: Family-controlled German precious metals and technology group with operating businesses across metallurgy, electronics and healthcare — directly comparable as a multi-generational family-owned German holding combining operating subsidiaries and family stewardship.
• Investor AB: Wallenberg family-controlled Swedish holding company with a portfolio of listed operating companies (Atlas Copco, ABB, SEB) and large private equity holdings — a directly comparable long-duration family-owned European holding with a similar mix of operating subsidiaries and investment management activity.
• BC Partners: Pan-European mid-market private equity firm investing in consumer, retail, services and industrial companies — directly comparable to Bregal's mid-market focus and DACH/Italy/UK geographic footprint, with similar AUM scale and active Bregal Unternehmerkapital overlap.
• CVC Capital Partners: European-headquartered global private equity firm with broad mid- to large-cap investing — directly comparable as a major European PE competitor to Bregal with similar multi-strategy platform and institutional LP base.

Broad incumbents

• NN Investment Partners: European asset manager serving institutional and retail clients with multi-asset, fixed income, equities and sustainable strategies — comparable to Anthos as a multi-asset values-oriented manager, though NN operates at much greater scale and broader client base.
• Patrizia SE: European listed real estate investment manager with a €50bn+ AUM diversified across logistics, residential, office and retail across Europe — a broad incumbent comparable to Redevco's urban European real estate platform with overlapping asset categories.

Emerging players

• Bridges Fund Management: UK-based specialist sustainable and impact investment manager with private equity, venture and private credit strategies — comparable to Bregal Sphere as a smaller, mission-driven impact investment competitor focusing on climate and social outcomes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cofraholding

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about COFRA Holding