VEM Vermögensverwaltung

VEM Vermögensverwaltung GmbH is the primary holding company and family office for the Merckle family, one of Germany's most prominent industrial dynasties. The firm manages a multi-billion euro portfolio with a significant strategic focus on the healthcare and life sciences sectors. Its most notable healthcare asset is the Phoenix Group (Phoenix Pharmahandel), which stands as one of Europe's largest pharmaceutical wholesalers and retail pharmacy operators. Historically, VEM was the parent company of the major generics manufacturer Ratiopharm until its high-profile sale to Teva Pharmaceutical Industries in 2010. Beyond healthcare, the company maintains substantial interests in industrial sectors, including electric motors through the VEM Group and specialized vehicles via Kässbohrer Geländefahrzeug.