#1326

Franziska Wuerbser & Gabriella Meister

Overview

Source of Wealth
appliances
Industry
Manufacturing
Residence
Landsberg am Lech
Marital Status
Widowed
Children
1

Assets

  • Rational AG
    3,582,000 shares @ -
    -
    RAA-DE

Biography

Gabriella Meister and daughter Franziska Wuerbser are among four family heirs who inherited 63% of kitchen appliance manufacturer Rational AG.

Gabriella's late husband, Siegfried Meister, founded the company in 1973 and died in 2017, at age 78. Its products include ovens, steamers and grills.

Rational has more than a 50% share of the global market for multifunctional food preparation appliances used in large-scale and commercial kitchens.

The company, which went public in 2000, has grown consistently without acquisitions, and prides itself on innovative, energy-efficient technology.

About

Siegfried Meister had the idea to cook using steam after disliking how food was prepared at restaurant chain Wienerwald, where he worked previously.

Rational employs over 250 professional chefs, and its products are used in the White House and Buckingham Palace.