KAR-TESS HOLDINGHolding company · Luxembourg

Luxembourg · since 1981

The first question is usually: when do we exit?

This company is not built around it. KAR-TESS HOLDING has existed since 1981, today holds 23 % of Coca-Cola HBC — the largest single position, ahead of The Coca-Cola Company — and after forty-five years is in the same register, at the same address.

What is held here Start a conversation

Registered

10.02.1981

Registered office

Leudelange, Luxembourg

Commercial register

B18031

Coca-Cola HBC

23 %

The company

Who is holding

Forty-five years is a long time to stay with one thing. KAR-TESS HOLDING S.à r.l. was entered in the Luxembourg register on 10 February 1981 and is listed there to this day — same registered office, same legal form, same owners.

What such a company does sounds unspectacular: acquire participations, hold them, manage them. The difference lies not in the activity but in the timeframe. Anyone who does not have to sell can wait — and waiting is often the hardest discipline in business.

The participations are not all in Luxembourg. What is here is the registered office — the holding reaches across borders and has done so for decades under the same ownership. Staying in the same hands that long allows decisions to be taken calmly.

The register records no investment horizon. It records a date: entered on 10.02.1981, listed as active to this day. The official activity code reads 64.211 — holding company with majority participations in one or more subsidiaries.

  • 1981The same company since Same register, same registered office, same legal form. Entered on 10.02.1981, listed as active.
  • 1.78 bnEquity, 2025 accounts Short-term liabilities in the same accounts: 28.1 m €. The ratio is filed as such with the register.
  • B18031Every figure here has a source Luxembourg commercial register. Anyone who looks it up reads the same.
  • 64.211The official activity code Holding company with majority participations. Holding and managing; trading, brokerage and distribution are not part of it.
Object

What time does to a company

On every day of the past forty-five years a sale would have been possible.

It did not come. From the outside that looks like standing still; from the inside it is a decision that arises each morning and was the same one each evening.

That is the difference from capital that arrives with a clock. A participation that need not be sold by a given date changes how decisions are taken inside a company — not merely who appears in the register.

The object clause names three actions, and their order is the real statement: have, take, acquire. Holding comes first. Selling is not spoken of.

“The Company’s purpose is to have, take or acquire participations and interests, in any form whatsoever, in any commercial, industrial, financial or other, Luxembourg or foreign legal entities, including without limitation, companies.”

Article 5 of the coordinated articles of association, as at 22.12.2023 · filed with the RCS Luxembourg on 22.02.2024, ref. L240032336

0

Incorporated
Entered on 10.02.1981 in the Luxembourg commercial register.

0 %

Coca-Cola HBC
Largest shareholder. Stated by Coca-Cola HBC AG itself.

0

Equity
In euro, 2025 annual accounts, filed with the register on 23.07.2026.

0

Result for the year
In euro, 2025 accounts. Prior year: 61.2 m €.

None of these figures is an estimate. Each one is filed in a public register and can be read there in the original.

What a participation means here

Five things that follow from the structure.

Not from a statement of intent, but from the legal form, the object clause and forty-five years in which nothing was sold.

01 ∞no end date

Capital without a term

Structure

No fund, no deadline, no date by which a position must be sold. Here it is the absence that is the feature.

02 1stverb in the object

Holding before turnover

Object

The first of the three verbs in the object clause is to have. Taking and acquiring come after. Selling is not mentioned.

03 2ndverb in the object

Support, not reporting

Working together

The second verb is to take — responsibility, not just shares. Support means thinking along where it is needed, not collecting figures every month.

04 LU+seat and reach

Across borders

Reach

The registered office is Luxembourg. The participations are domestic and foreign; the object clause names both expressly.

05 0disclosure duties

Without a stage

Discretion

The company itself is not listed. What a business does here need not be explained every quarter.

→

What that means in a given case

The evidence for all of the above is one section up: 23 % of a listed group, held for decades. Everything further is a conversation.

Start a conversation
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Register and filings

Every detail can be verified officially.

The identifiers are stated in full so that nobody has to look for them. Anyone who verifies, verifies at the source — not at a rendering of it.

CompanyKAR-TESS HOLDING S.à r.l.
Legal formSociété à responsabilité limitée, Luxembourg law
Registered office17, rue Léon Laval, L-3372 Leudelange, Luxembourg
Registered10.02.1981
Commercial registerRCS Luxembourg B18031
EUIDLURCSL.B18031
LEI549300DPCPH38P7W4810
VATLU34486983
Activity codeNACE-LUX 64.211 — holding with majority participations
Filed with the register The register extract, the coordinated articles of association (as at 22.12.2023, filed on 22.02.2024) and the annual accounts 2025 (filed on 23.07.2026) are held ready in the protected area of this site. Earlier annual accounts and the publications can be inspected at the Luxembourg commercial register and are added on request.

Details of individual members of the management are deliberately not given on this page. The registered officers are public at the register.

Questions

What gets asked first.

These are the questions that actually come up — including the ones where the answer is uncomfortable. Anyone who discovers the drawbacks later hears them from the wrong side.

What does KAR-TESS HOLDING do?

KAR-TESS HOLDING S.à r.l. is a holding company under Luxembourg law. Its object is the acquisition of participations in Luxembourg and foreign companies, the acquisition and disposal of securities, debt instruments and receivables, and the management of its own portfolio. In the official activity code it is registered as a holding company with majority participations (NACE-LUX 64.211).

How long has the company existed?

Since 10 February 1981. That is what the Luxembourg commercial register states, where the company is entered under B18031 and listed as active. That is more than four decades at one address.

What participations does the company hold?

The largest position is publicly verifiable: KAR-TESS HOLDING is the largest shareholder of Coca-Cola HBC AG with 23 % of the outstanding ordinary shares. That is not a self-declaration but the statement of Coca-Cola HBC AG on its own investor pages; the second largest position is held by The Coca-Cola Company with 21 %. Which further positions are named publicly is the company's decision.

Is the company listed?

No. KAR-TESS HOLDING is a private limited liability company under Luxembourg law and is not listed. There is no ISIN, no ticker and no trading venue. What is listed is the company it holds a participation in — not the company itself. That distinction is often missed.

Under which numbers is the company registered?

Luxembourg commercial register: B18031. European identifier EUID LURCSL.B18031, LEI 549300DPCPH38P7W4810, VAT LU34486983. The registered office is 17, rue Léon Laval, L-3372 Leudelange. All four identifiers are stated in full on this page so that nobody has to look for them.

Where do I find accounts and articles of association?

With the Luxembourg commercial register. The register extract, the coordinated articles (as at 22.12.2023, filed 22.02.2024) and the annual accounts 2025 (filed 23.07.2026) are additionally held in the protected area of this site. From the 2025 accounts: equity 1.78 bn €, result for the year 107.1 m € — prior year 61.2 m €.

Who manages the company?

Named here are the two contact people: Josef-Heinz Sterz, Investment Broker, and Jakob Leventis, Finance Director. The registered management this page deliberately does not name — a decision of the company, not an omission. Nothing is concealed: the registered managers are public at the Luxembourg commercial register and can be inspected there by anyone.

How do I reach the company?

Fastest through Request a call at the foot of this page: a name and a telephone number are enough, and the call usually comes the same working day. In writing: KAR-TESS HOLDING S.à r.l., 17, rue Léon Laval, L-3372 Leudelange, Luxembourg, or kontakt@kartess.lu.

Not listed? The assistant at the bottom right knows the same answers and a few more. On return, expectations or what suits you it says nothing — that is not for a machine to judge.

Protected area

Everything in one place, sourced and dated.

These filings are public. Anyone assembling them opens three registers and the investor pages of a listed group, notes source and retrieval date for each document, and lays them side by side. Anyone whose request for access is approved receives them ready.

  • 01 Register extract RCS B18031 The official extract in the original: date of entry, registered office, object, fixed capital with its paid-up status, date of incorporation, activity code, shareholder and officers. official
  • 02 Coordinated articles of association As at 22.12.2023, filed on 22.02.2024 under L240032336 — with the object clause verbatim. 14 pages
  • 03 Annual accounts 2025 Balance sheet as at 31.12.2025, filed on 23.07.2026 under L260209399 — with the prior-year figures in the column alongside. as filed

What is inside is also outside

None of it is secret; it simply sits in many places. The difference between the two is an afternoon of work.

Free of charge, no subscription, no sharing — nothing is being offered here.

Contact

In the end it matters
who is at the table.

Figures can be checked; they are above, in full, with their source. What cannot be checked is how someone decides when things get difficult. There is only one way to find that out.

Josef-Heinz Sterz

Josef-Heinz Sterz

Investment Broker

He takes the call. Whoever rings does not reach a switchboard but the person who knows the matter.

Jakob Leventis

Jakob Leventis

Finance Director

For questions on the accounts. He knows every line and the version it comes from.

Request a call

Two details are enough. No presentation, no mailing list — a conversation at a time that suits you.

Usually the same working day.

Request access

The register extract, the coordinated articles and the annual accounts 2025 — in one piece, as filed with the register, each with its filing date. Further documents on request.

Every request is reviewed individually. No newsletter.

Address

KAR-TESS HOLDING S.à r.l.
17, rue Léon Laval
L-3372 Leudelange
Luxembourg

kontakt@kartess.lu

Request a call

Official identifiers

RCS B18031 EUID LURCSL.B18031 LEI 549300DPCPH38P7W4810 VAT LU34486983

Every identifier leads to a public register. Verify at the source — not at a rendering of it.