Largest participating interests

Companies ranked by the participating-interests line of their balance sheet — undertakings they are linked to by a participating interest, which is not the same thing as an affiliated undertaking. The balance sheet publishes the amount, never the counterparty.

3,173 companies ranked

  1. 1BRC S.à R.L.€31,614,313,0942024
  2. 2Patri Participations Holding€9,347,397,3172014
  3. 3PATRINVEST€7,427,446,7622025
  4. 4Bevco Lux S.à r.l.€6,565,936,9122024
  5. 5CPP Investment Board Europe S.à r.l.€4,610,686,9222023
  6. 6AP Alkaios (Luxembourg) S.à r.l.€3,200,000,0002025
  7. 7UnitedHealthcare International III€3,115,160,6182024
  8. 8Danaher European Finance S.à r.l.€2,424,296,9242025
  9. 9Fibre Networks Holdings S.à r.l.€2,111,538,8192024
  10. 10Italian Motorway Holdings S.à r.l.€1,732,289,4822024
  11. 11MOIA Luxemburg S.A.€1,650,000,0002025
  12. 12Société Familiale d'Investissements€1,615,648,5542025
  13. 13Sosteneo Energy Transition 1 (Italy) S.à r.l.€1,112,105,7002024
  14. 14Patri Participations€1,089,968,1542012
  15. 15Springer Science+Business Media Galileo Participation S.à r.l.€1,071,874,8842024
  16. 16MIBL Finance (Luxembourg) S.à r.l.€1,028,432,9642024
  17. 17DAVMAR S. à r.l.€1,013,029,1582018
  18. 18AP Starlight (Luxembourg) S.à r.l.€1,000,000,0002025
  19. 19Rudolph Bidco S.à r.l.€995,618,4172025
  20. 20AP Sunrise (Luxembourg) S.à r.l.€986,824,0922025
  21. 21CEI Investments S.à r.l.€962,978,2602024
  22. 22CREL Issuance S.à r.l€948,094,8982017
  23. 23Horizon BidCo S.à r.l.€911,976,2662024
  24. 24CRE DEBT ISSUANCE S.à r.l.€904,642,5152025
  25. 25PANEUROPEAN OIL AND INDUSTRIAL HOLDINGS S.A.€871,925,6902023
  26. 26Allgemeine Gesellschaft für Verbriefungen S.A.€833,011,1772024
  27. 27Olympus Luxco S.à r.l.€809,213,8132025
  28. 28Acceleratio Holdco S.à r.l.€774,761,7842025
  29. 29Castilla Renewables Holding S.à r.l.€730,528,6902024
  30. 30CD&R Mobilux S.à r.l.€688,360,6032025
  31. 31Power Holdco Lux S.A.€678,853,3452025
  32. 32Karson S.à r.l.€672,543,5272018
  33. 33REGIS INVESTMENT S.A.€666,161,0472015
  34. 34Energiegreen S.à r.l.€653,000,0002025
  35. 35Rocket Internet Capital Partners SCS€620,409,0242023
  36. 36ECG Luxembourg S.à r.l.€619,675,6822024
  37. 37KKR Genesis TopCo S.à r.l.€610,201,8702024
  38. 38Oakley Capital V Master Holding S.à r.l.€592,749,0852024
  39. 39Telco Holdings S.à r.l.€586,595,9892017
  40. 40Insight Luxembourg XII S.à r.l.€575,119,6362025
  41. 41Ärztliche Beteiligungsgesellschaft (AEBG) S.A.€569,929,2542024
  42. 42MAN Finance and Holding S.A.€567,808,5462025
  43. 43Insight Luxembourg XI S.à r.l.€562,365,1572025
  44. 44Legacy Participations€558,273,3512025
  45. 45Race Renewables Holding I S.à r.l.€519,283,8222024
  46. 46Logistics Europe AXA Feeder S.C.A.€504,370,6682024
  47. 47EvomLux S.à r.l.€485,345,5652024
  48. 48Kinnevik Internet Lux S.à r.l.€481,184,6232019
  49. 49CONSOLIDATED LAMDA HOLDINGS S.A.€473,604,5502025
  50. 50Emerlux S.àr.l.€432,586,8372023
  51. 51Novator Telecom Poland S.à r.l.€427,395,8302013
  52. 52Arabella III S.à r.l.€425,485,7652022
  53. 53Certares Enrico S.à r.l.€423,005,7342024
  54. 54ACEF Holding S.C.A.€417,161,6592024
  55. 55Pique EquityCo SARL€408,987,6552024
  56. 56BTO Barakan S.à r.l.€400,252,2592024
  57. 57Trifecta Holdco SARL€397,218,7952024
  58. 58Infrastructure (Lux) III Holding S.à r.l.€386,290,7152022
  59. 59Galaxy Acquisitions S.à r.l.€383,000,0002024
  60. 60Swiss Re Europe Holdings S.A.€379,974,5322025
  61. 61INVESTRAT S.A.€377,335,2832024
  62. 62Kenbourne Invest II S.à r.l.€373,378,3962020
  63. 63Bock Capital EU Luxembourg Dali S.à r.l.€372,227,8552024
  64. 64GSO ESDF II (Luxembourg) Holdco S.à r.l.€366,603,5912024
  65. 65JCF IV Neptun Holdings S.à r.l.€365,679,9292025
  66. 66DILSO S.A.€353,434,0252015
  67. 67MSCIF SD Holdings S.à r.l.€337,262,0332024
  68. 68LEISURE RESOURCES INTERNATIONAL S.A.€328,441,1112023
  69. 69DeA Communications€291,500,4562024
  70. 70Audi Luxemburg S.A.€290,880,1442025
  71. 71DDR Luxembourg II, S.à r.l.€275,612,8472012
  72. 72Insight Luxembourg XII, BA S.à r.l.€272,949,1242025
  73. 73PROFIMOLUX€264,197,6192025
  74. 74New Alpha Luxco 1 SARL€263,015,5502023
  75. 75REF V Luxembourg S.à r.l.€261,423,4112019
  76. 76TROIS FLECHES S.à r.l.€259,590,0002024
  77. 77Terranum Corporate Properties S.à r.l.€258,051,3532015
  78. 78SINTONIA S.A.€257,148,1542011
  79. 79VF Global Investments S.à r.l.€252,069,3482018
  80. 80CRanbrook S.A.€250,856,2122024
  81. 81ANTLER EquityCo S.à r.l.€249,675,7642023
  82. 82SALHOUSE HOLDING S.à r.l.€249,393,7502015
  83. 83Miles Capital S.à r.l.€248,050,6152024
  84. 84Poseidon Super TopCo S.à r.l.€246,676,4742025
  85. 85MPE Lux 1 S.à r.l.€242,565,6152024
  86. 86Blue Clay S.à r.l.€242,511,2962024
  87. 87Orchid Lux HoldCo S.à r.l.€241,925,6092024
  88. 88Artemilux Topco S.à r.l.€241,115,1092024
  89. 89Sprints Blossom SARL€240,407,4992025
  90. 90S Beta S.à r.l.€233,760,8372016
  91. 91GSO ESDF II (Luxembourg) Levered Holdco I S.à r.l.€232,816,6762024
  92. 92Omega Luxco S.à r.l.€232,568,4562025
  93. 93Sebia Astorg Luxco S.A.€229,765,0002017
  94. 94Dante Lux HoldCo S.à r.l.€229,426,3352025
  95. 95ASO Victoria 4 S.à r.l.€226,128,3292024
  96. 96Bock Capital EU Luxembourg Antares S.à r.l.€221,832,8132025
  97. 97Longmarch Holding S.à r.l.€221,665,6862022
  98. 98KKR International Flooring 2 S. à r.l.€219,595,7912015
  99. 99KKR Hathor Luxco S.à r.l.€219,299,9982025
  100. 100PRINCESS GROUP S.A.R.L.€213,387,0262024

Ranked on values reported in published annual reports. The year can differ between companies depending on when each last filed. Companies missing the figure are not in the ranking.

Explore next