10 Things You Didn’t Know About Thomas Struengmann & Family

Thomas Struengmann & Family are well-known figures in the business and philanthropy world. Their rise to success and contributions have made a lasting impact. In this article, we will delve into ten lesser-known facts about Thomas Struengmann & Family that will surely pique your interest.

1. Pharmaceutical Powerhouses

Thomas and his twin brother Andreas Struengmann are co-founders of the pharmaceutical company Hexal AG. Established in 1986, Hexal AG became a leading manufacturer of generic drugs. The brothers’ entrepreneurial spirit and dedication propelled the company to great heights, and they eventually sold it to the Swiss pharmaceutical company Novartis in 2005 for a whopping $7.5 billion USD.

Their contribution to the pharmaceutical industry has been widely recognized, as they revolutionized the accessibility of medication globally. Through Hexal AG, they made affordable high-quality drugs available to those who could not afford the expensive branded alternatives, thus improving healthcare access across the world.

2. Generous Philanthropists

The Struengmann brothers have a strong sense of social responsibility and are actively involved in philanthropic endeavors. They established the Struengmann Foundation, which supports diverse causes such as education, healthcare, and scientific research. Their dedication to philanthropy can be witnessed through their involvement in numerous charitable projects and organizations.

One notable contribution is their support for the Goethe University Hospital in Frankfurt, Germany. This philanthropic gesture helped in transforming the hospital into a state-of-the-art medical facility and advanced research center. The contributions from the Struengmann family have positively impacted the lives of countless individuals, highlighting their commitment to giving back to society.

3. Passion for Art

Thomas Struengmann & Family have a deep appreciation for art and have cultivated an extensive art collection. They believe that art plays a crucial role in society by enriching culture and stimulating creativity. Their collection showcases a diverse range of artworks, including pieces by renowned artists such as Mark Rothko, Cy Twombly, and Gerhard Richter.

Be it paintings, sculptures, or installations, the Struengmann collection reflects their discerning taste and passion for visual expression. Their artworks have been displayed in prestigious exhibitions around the world, inspiring art enthusiasts and fostering cultural exchange.

4. Mountaineering Enthusiasts

Beyond their business and philanthropic endeavors, Thomas and Andreas Struengmann share a love for mountaineering. They have scaled some of the world’s tallest peaks, including Mont Blanc in the European Alps. This adventurous spirit reveals their determination and fearlessness, traits that have likely contributed to their success in various fields.

Conquering these majestic heights requires physical fitness, mental resilience, and the ability to overcome challenges. Through mountaineering, the Struengmann brothers display their unwavering commitment to pushing boundaries, both personally and professionally.

5. Sustainable Investments

Thomas Struengmann & Family believe in the power of sustainable investments and are active supporters of environmentally friendly projects. They recognize the importance of investing in technologies and initiatives that promote a greener future. By directing their resources towards sustainable ventures, they aim to contribute to the preservation of our planet for future generations.

One such project is the Struengmann Sustainable Healthcare Fund, which focuses on investing in innovative healthcare companies that prioritize sustainability. Through these investments, the Struengmann family combines their passion for healthcare advancements with a commitment to environmental responsibility.

6. Technological Innovators

The Struengmann brothers are not afraid to embrace technological advancements and have invested in various tech companies. Their interest in technology extends beyond their pharmaceutical background, as they believe in the transformative power of technology in reshaping industries and society.

Their investments cover a broad spectrum, ranging from biotechnology companies working on groundbreaking medical discoveries to startups revolutionizing financial technology. Their passion for innovation drives them to support projects that hold the potential to bring about positive change on a global scale.

7. Award-Winning Achievements

Acknowledging their significant contributions, Thomas Struengmann & Family have been recognized with several prestigious awards. In 2020, they received the Handelsblatt Family Business Award, which honors entrepreneurial families for their outstanding achievements in business and society.

The accolades received by the Struengmann family not only acknowledge their remarkable success but also highlight their continuous efforts to make a difference in various sectors. These awards serve as a testament to their exceptional contributions and inspire others to follow in their footsteps.

8. Commendable Medical Research

With a strong background in the pharmaceutical industry, the Struengmann brothers place great importance on medical research. They actively support scientific advancements and innovative drug discovery methods.

One of their notable contributions is the establishment of the Institute for Advanced Study (IAS) within the Technical University of Munich. The IAS fosters interdisciplinary research collaborations across different scientific fields, paving the way for groundbreaking discoveries and advancements in areas such as life sciences, engineering, and mathematics.

9. Champions of Education

Recognizing the transformative power of education, Thomas Struengmann & Family are dedicated champions of academic learning. Through the Struengmann Foundation, they support and promote educational initiatives worldwide, with a particular focus on providing access to quality education for underprivileged individuals.

Their commitment to education extends beyond monetary contributions. They actively engage with educational institutions, participate in panel discussions, and contribute to educational programs that aim to foster knowledge exchange and intellectual growth.

10. Active in Global Health Initiatives

Thomas Struengmann & Family are deeply committed to improving global healthcare practices. They actively participate in initiatives aimed at tackling pressing global health challenges, including pandemic preparedness and equitable access to healthcare.

By leveraging their expertise, resources, and extensive network of collaborations, the Struengmann family contributes to shaping healthcare policies, supporting medical research, and facilitating the sharing of best practices worldwide. Their holistic approach to healthcare advancement demonstrates their dedication to making a lasting impact on global health outcomes.

In conclusion, Thomas Struengmann & Family are not only accomplished entrepreneurs but also generous philanthropists, art enthusiasts, and advocates for sustainable development. Their contributions encompass diverse spheres, including healthcare, education, art, and technology. Through their endeavors, they continue to inspire others to make a positive difference in the world.

Useful Links:
Struengmann Foundation
Struengmann Art Collection
Struengmann Sustainable Healthcare Fund
Institute for Advanced Study (IAS)