{"id":12217,"date":"2017-05-03T18:58:57","date_gmt":"2017-05-03T16:58:57","guid":{"rendered":"https:\/\/dev.normanrentrop.de\/en\/?page_id=12217"},"modified":"2017-06-04T18:21:56","modified_gmt":"2017-06-04T16:21:56","slug":"how-we-invest-what-we-invest-in","status":"publish","type":"page","link":"https:\/\/normanrentrop.de\/en\/about-us\/how-we-invest-what-we-invest-in\/","title":{"rendered":"How we invest &#8211; what we invest in&#8230;"},"content":{"rendered":"<p>We are very longterm (10, 20, 30 years and longer) oriented investors: Family Business Owners that think in Generations. We provide patient capital.<\/p>\n<p>We look for cooperation based on trust. We feel happy in minority positions.<\/p>\n<p><strong>7 criteria for our investments:<\/strong><\/p>\n<p>1. The company has annual profits of at least 3 million Euros (sum of reported profit and increase in earnings power).<br \/>\n2. Proven consistent profitability (we are not interested in long-term projections or turnaround situations).<br \/>\n3. The management love their job, not the money.<br \/>\n4. The company has a return on equity higher than 10% and at the same time has no or little debt.<br \/>\n5. The company has an existing management (we can&#8221;t provide managers outside subscription driven publishing business)<br \/>\n6. Competitive advantage must be defendable for 10 or more years.<br \/>\n7. The purchase price has to be fixed (we don&#8221;t want to waste neither our nor the seller&#8221;s time talking about a business &#8211; not even preliminary &#8211; when there&#8221;s no information about the price)<\/p>\n<p>We love to invest. We invest in all industries that we understand.<\/p>\n<p><strong>Examples of our investments:<\/strong><\/p>\n<p>AlarmForce, Canadian Alarmsystem-Operator<br \/>\nAgora Business Publications, British newsletter publisher<br \/>\nCembre, Italian Manufacturer of crimping and cutting tools<br \/>\nDoccheck, German Healthcare Marketing<br \/>\nEQS Group, News Agency for Investor Relations<br \/>\nGesco AG, Holding company for medium-sized industrial companies<br \/>\nGrafenia PLC, British Internet Print Service<br \/>\nGruppo MutuiOnline, Italian Internet-based Mortgage Broker<br \/>\nInfas Holding AG, German marketresearch institute and photo agency<br \/>\nKromi, German Toolmanagement<br \/>\nMedical Columbus, German supplier for electronic procurement and data standardisation in the hospital market<br \/>\nMincon Group Plc., Irish producer of drill equipment for the mining industry<br \/>\nPSI AG, software systems for energy suppliers, industry and infrastructure<br \/>\nR. Stahl AG, Explosion protection<br \/>\nRentrop &amp; Straton, Rumanian publisher<br \/>\nThermador, French Importer of SanitaryGoods<br \/>\nVNR Verlag fuer die Deutsche Wirtschaft AG, German publisher for business owners<br \/>\nWashtec, German Car Wash Manufacturer<br \/>\nWydawnictwo Wiedza i Praktyka, Polish publisher<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We are very longterm (10, 20, 30 years and longer) oriented investors: Family Business Owners that think in Generations. We provide patient capital. We look for cooperation based on trust. We feel happy in minority positions. 7 criteria for our investments: 1. The company has annual profits of at least 3 million Euros (sum of [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"parent":273,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-12217","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How we invest - what we invest in...<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/normanrentrop.de\/en\/about-us\/how-we-invest-what-we-invest-in\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How we invest - what we invest in...\" \/>\n<meta property=\"og:description\" content=\"We are very longterm (10, 20, 30 years and longer) oriented investors: Family Business Owners that think in Generations. We provide patient capital. We look for cooperation based on trust. We feel happy in minority positions. 7 criteria for our investments: 1. The company has annual profits of at least 3 million Euros (sum of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/normanrentrop.de\/en\/about-us\/how-we-invest-what-we-invest-in\/\" \/>\n<meta property=\"og:site_name\" content=\"Norman Rentrop\" \/>\n<meta property=\"article:modified_time\" content=\"2017-06-04T16:21:56+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/normanrentrop.de\\\/en\\\/about-us\\\/how-we-invest-what-we-invest-in\\\/\",\"url\":\"https:\\\/\\\/normanrentrop.de\\\/en\\\/about-us\\\/how-we-invest-what-we-invest-in\\\/\",\"name\":\"How we invest - what we invest in...\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/normanrentrop.de\\\/en\\\/#website\"},\"datePublished\":\"2017-05-03T16:58:57+00:00\",\"dateModified\":\"2017-06-04T16:21:56+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/normanrentrop.de\\\/en\\\/about-us\\\/how-we-invest-what-we-invest-in\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/normanrentrop.de\\\/en\\\/about-us\\\/how-we-invest-what-we-invest-in\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/normanrentrop.de\\\/en\\\/about-us\\\/how-we-invest-what-we-invest-in\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Startseite\",\"item\":\"https:\\\/\\\/normanrentrop.de\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"About us\",\"item\":\"https:\\\/\\\/normanrentrop.de\\\/en\\\/about-us\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"How we invest &#8211; what we invest in&#8230;\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/normanrentrop.de\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/normanrentrop.de\\\/en\\\/\",\"name\":\"Norman Rentrop\",\"description\":\"zeigt Texte, Zitate und Artikel\",\"publisher\":{\"@id\":\"https:\\\/\\\/normanrentrop.de\\\/en\\\/#\\\/schema\\\/person\\\/724cd2c15ee9848b4fb08d536e79d79f\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/normanrentrop.de\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\\\/\\\/normanrentrop.de\\\/en\\\/#\\\/schema\\\/person\\\/724cd2c15ee9848b4fb08d536e79d79f\",\"name\":\"Norman Rentrop\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/normanrentrop.de\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/cropped-nr.png\",\"url\":\"https:\\\/\\\/normanrentrop.de\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/cropped-nr.png\",\"contentUrl\":\"https:\\\/\\\/normanrentrop.de\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/cropped-nr.png\",\"width\":512,\"height\":512,\"caption\":\"Norman Rentrop\"},\"logo\":{\"@id\":\"https:\\\/\\\/normanrentrop.de\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/cropped-nr.png\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How we invest - what we invest in...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/normanrentrop.de\/en\/about-us\/how-we-invest-what-we-invest-in\/","og_locale":"en_US","og_type":"article","og_title":"How we invest - what we invest in...","og_description":"We are very longterm (10, 20, 30 years and longer) oriented investors: Family Business Owners that think in Generations. We provide patient capital. We look for cooperation based on trust. We feel happy in minority positions. 7 criteria for our investments: 1. The company has annual profits of at least 3 million Euros (sum of [&hellip;]","og_url":"https:\/\/normanrentrop.de\/en\/about-us\/how-we-invest-what-we-invest-in\/","og_site_name":"Norman Rentrop","article_modified_time":"2017-06-04T16:21:56+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/normanrentrop.de\/en\/about-us\/how-we-invest-what-we-invest-in\/","url":"https:\/\/normanrentrop.de\/en\/about-us\/how-we-invest-what-we-invest-in\/","name":"How we invest - what we invest in...","isPartOf":{"@id":"https:\/\/normanrentrop.de\/en\/#website"},"datePublished":"2017-05-03T16:58:57+00:00","dateModified":"2017-06-04T16:21:56+00:00","breadcrumb":{"@id":"https:\/\/normanrentrop.de\/en\/about-us\/how-we-invest-what-we-invest-in\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/normanrentrop.de\/en\/about-us\/how-we-invest-what-we-invest-in\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/normanrentrop.de\/en\/about-us\/how-we-invest-what-we-invest-in\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Startseite","item":"https:\/\/normanrentrop.de\/en\/"},{"@type":"ListItem","position":2,"name":"About us","item":"https:\/\/normanrentrop.de\/en\/about-us\/"},{"@type":"ListItem","position":3,"name":"How we invest &#8211; what we invest in&#8230;"}]},{"@type":"WebSite","@id":"https:\/\/normanrentrop.de\/en\/#website","url":"https:\/\/normanrentrop.de\/en\/","name":"Norman Rentrop","description":"zeigt Texte, Zitate und Artikel","publisher":{"@id":"https:\/\/normanrentrop.de\/en\/#\/schema\/person\/724cd2c15ee9848b4fb08d536e79d79f"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/normanrentrop.de\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":["Person","Organization"],"@id":"https:\/\/normanrentrop.de\/en\/#\/schema\/person\/724cd2c15ee9848b4fb08d536e79d79f","name":"Norman Rentrop","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/normanrentrop.de\/wp-content\/uploads\/2024\/09\/cropped-nr.png","url":"https:\/\/normanrentrop.de\/wp-content\/uploads\/2024\/09\/cropped-nr.png","contentUrl":"https:\/\/normanrentrop.de\/wp-content\/uploads\/2024\/09\/cropped-nr.png","width":512,"height":512,"caption":"Norman Rentrop"},"logo":{"@id":"https:\/\/normanrentrop.de\/wp-content\/uploads\/2024\/09\/cropped-nr.png"}}]}},"_links":{"self":[{"href":"https:\/\/normanrentrop.de\/en\/wp-json\/wp\/v2\/pages\/12217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/normanrentrop.de\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/normanrentrop.de\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/normanrentrop.de\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/normanrentrop.de\/en\/wp-json\/wp\/v2\/comments?post=12217"}],"version-history":[{"count":3,"href":"https:\/\/normanrentrop.de\/en\/wp-json\/wp\/v2\/pages\/12217\/revisions"}],"predecessor-version":[{"id":12319,"href":"https:\/\/normanrentrop.de\/en\/wp-json\/wp\/v2\/pages\/12217\/revisions\/12319"}],"up":[{"embeddable":true,"href":"https:\/\/normanrentrop.de\/en\/wp-json\/wp\/v2\/pages\/273"}],"wp:attachment":[{"href":"https:\/\/normanrentrop.de\/en\/wp-json\/wp\/v2\/media?parent=12217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}