Our Subsidiaries

The VVG is a financial holding company with fully-owned long-term assets that currently include two medium-sized companies with a worldwide presence.

VVG's largest and original family business is the Goldschmidt Group. This group consists of 20 companies serving the railroad industry with materials, tools and service to weld and maintain trackage.

In December 2011, the VVG aquired 100% of the shares of the Powder Metal Group (PMG). With six locations, PMG supplies parts for the automotive industry with a specialty in powder metalurgy.

Both groups share a common philosophy based on mobility (on rails and roads), and raw material (powder metal).

The VVG's subsidiaries employ about 2,500 people and generated revenues (2020) of over € 400 million.


Vermögensverwaltung Erben Dr. Karl Goldschmidt GmbH
Goldschmidt Gruppe
PMG Gruppe