Bayern Munich: Viessmann group becomes minority shareholder (6.7%) after capital increase

German group Viessmann has become a minority shareholder of FC Bayern Munich (Bundesliga), acquiring a 6.7% stake as part of a capital increase carried out by the club, the club announced on 22 October 2026. The amount of the transaction, not disclosed by the club, is estimated at €250m by several German media outlets.

Viessmann, a partner of the club since 2018, thus joins adidas (equipment supplier), Audi (car manufacturer) and Allianz (insurance) as Bayern’s fourth minority shareholder. These three shareholders previously held an 8.33% stake each, diluted by the capital increase to around 7.8% each. The four shareholders now hold 30% of Bayern Munich’s capital, the limit set by the club’s articles of association, with the members’ association now holding 70% (compared with 75% before…