# Good Brands AG Fully Writes Down Six Investments and Partially Writes Down stilfaser GmbH

> Good Brands AG fully wrote down six investments and partially wrote down stilfaser GmbH, totaling EUR 3.0 million.

- Published: 2026-10-15T15:14:08+00:00
- Section: Restructuring
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-15/good-brands-portfolio-write-down
- Source: [TradingView](https://www.tradingview.com/news/eqs:076ab7b2f094b:0-good-brands-ag-portfolio-clean-up-impairment-of-investments/)

## Key takeaways

- Good Brands AG's management board decided on October 15, 2026 to fully write down investments in six companies and partially write down stilfaser GmbH, totaling EUR 3.0 million.
- The largest single write-down was EUR 2,243 thousand on stilfaser GmbH, followed by EUR 455 thousand on United Screens GmbH and EUR 150 thousand on Marvin Inc.
- Good Brands AG is a Mannheim-based venture capital firm founded in 2016 that invests up to EUR 250,000 per startup and manages around 20 ventures.

[Good Brands](https://akta.pro/company-profiles/0009vfu/good-brands) AG's management board decided on October 15, 2026 to fully write down its investments in six companies and to partially write down its investment in stilfaser GmbH, for a total of EUR 3.0 million, as part of a portfolio clean-up. The Mannheim-based venture capital firm disclosed the decision as inside information, [TradingView](https://www.tradingview.com/news/eqs:076ab7b2f094b:0-good-brands-ag-portfolio-clean-up-impairment-of-investments/) reported.

## Good Brands' Write-Downs Across Seven Holdings

The full write-downs cover [United Screens](https://akta.pro/company-profiles/003ho7m/united-screens) GmbH at EUR 455 thousand, Marvin Inc. at EUR 150 thousand, WineGuys Germany GmbH at EUR 92 thousand, [truemorrow](https://akta.pro/company-profiles/000etvc/truemorrow) Solutions UG (haftungsbeschränkt) at EUR 60 thousand, Pure Beverage GmbH at EUR 20 thousand and Make Love and Aid GmbH at EUR 2 thousand. The partial write-down of stilfaser GmbH amounts to EUR 2,243 thousand. The write-downs thus amount to a total of EUR 3.0 million.

Good Brands AG is a publicly listed venture capital firm that invests up to EUR 250,000 per startup in pre-seed and seed D2C brands across the DACH region, according to akta.pro [company records](https://akta.pro/company-data). The firm was founded in 2016 and manages around 20 ventures, generating revenue through portfolio exits and portfolio management fees. Its leadership includes Marc Langner and Henrik Sabban as Vorstand board members and Diana Boxheimer as Investment Manager.

## Good Brands' Board and Portfolio Changes

Co-founder Matthias Storch departed as Vorstand by mutual board decision in May 2025, followed by Henrik Sabban's board appointment on December 3, 2025 with sole representation authority, the same records show. In December 2025 the company established a stock options program covering 5% of share capital, or 47,566 shares, funded by founding shareholders Langner Asset Management and Matthias Storch Ventures and aligned with Sabban's board appointment. In July 2024 Good Brands exited FLBE Health GmbH (bedrop) to Arcus Capital AG for EUR 466,000 fixed plus up to EUR 250,000 contingent on 2024-2025 performance.

## Companies in this story

- [Good Brands company profile](https://akta.pro/company-profiles/0009vfu/good-brands) · website: http://www.goodbrands-ag.com
- [truemorrow company profile](https://akta.pro/company-profiles/000etvc/truemorrow) · website: https://www.truemorrow.de
- [United Screens company profile](https://akta.pro/company-profiles/003ho7m/united-screens) · website: https://www.united-screens.tv

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