Mulfingen weighs life after ebm-papst's €5 billion sale to a US investor
DW News visits the fan maker's hometown, where workers worry about distant decisions and the mayor already has plans for the tax revenue.
Why this story? One of DW News's most watched videos since yesterday, with 99,981 views.
German industry for sale | DW News
Things we can learn from the video
Press to jump
- 0:00ebm-papst is sold to a US investor for €5 billion; plant workers react on the sidewalk.
- 0:17The company makes fan cooling systems and recently earned more than €2 billion in revenue.
- 1:03IG Metall's Simon Habermaaß warns that shareholder-driven companies focus more on short-term success.
- 2:18David Deißner: 30% of family business owners can imagine selling, nearly double five years ago.
- 2:51How Mulfingen's sports and school facilities grew from founder Gerhard Sturm's support.
- 4:04Mayor Sören Döffinger plans to spend tax revenue from the sale on community centers.
"At the moment nothing's changed for us," one ebm-papst worker tells DW News outside the plant in Mulfingen. "We know what's coming."
What is coming is a new owner. ebm-papst, a family-built maker of fans and cooling systems with revenues above €2 billion, is being sold to a US investor for €5 billion. The company has its headquarters in Mulfingen, a small municipality in the Hohenlohe district of Baden-Württemberg. Karl Harenbrock's report asks what the sale means for the town and for Germany's family-run industry.
Residents are uneasy about decisions moving far away. "Something like this happens overnight and who knows what things will look like in 5 years," says Michael Hedtke. Simon Habermaaß of the IG Metall union in Schwäbisch Hall contrasts traditional German corporate culture with public companies. Those, he says, "tend to focus more on short-term success and must regularly answer to their shareholders."
The report places the deal in a wider pattern. Other medium-sized manufacturers in the area have gone to foreign buyers in recent years. David Deißner of the Foundation for Family Businesses and Politics says 30% of family business owners can now imagine selling, almost twice as many as five years ago.
Mulfingen's ties to the company run deep. Founder Gerhard Sturm's support helped build the town's sports and school facilities. Mayor Sören Döffinger, though, sees a use for the tax revenue the sale brings: "In every district we have community centers that need renovation."
The report drew about 100,000 views since yesterday, DW's second most watched new upload. In the comments, viewers point to other German firms that went abroad. Among them is the robot maker Kuka, which China's Midea took over in a deal agreed in 2016. Several viewers want to know more about why the owners chose to sell.
A German manufacturer of electric motors and fans, headquartered in Mulfingen. The group was formed through a merger of three companies in 2003 and has production sites internationally.
More on Wikipedia ›A municipality in Germany’s Hohenlohe district, in the state of Baden-Württemberg.
More on Wikipedia ›Germany’s largest trade union and Europe’s largest industrial union, representing metalworkers. It plays a leading role in setting national bargaining trends.
More on Wikipedia ›Published on Trari
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- Channel
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- October 26, 2026
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The numbers
A short business report from a small German town drew a broad audience in its first hours.
💡 Test your knowledge
In which German state is Mulfingen, home of ebm-papst?
Mulfingen is a municipality in the Hohenlohe district of Baden-Württemberg, where ebm-papst has its head office.


