Company

Landefeld and Viessmann: Two leading family companies join forces to drive international growth

Landefeld, one of the leading distributors for pneumatics and hydraulics components as well as industrial supplies across Europe, welcomes Viessmann Generations Group (“Viessmann”) as new minority shareholder.

June 17th, 2024 – Landefeld, one of the leading distributors for pneumatics and hydraulics components as well as industrial supplies across Europe, welcomes Viessmann Generations Group (“Viessmann”) as new minority shareholder.

Founded in 1979, Landefeld is a second generation family-owned business. Based in Kassel, Germany, the company achieved revenues of around 250 million EUR with some 300 employees in 2023.  

As an experienced system supplier, the family-owned company serves a wide range of different industries, companies and people. Practically all technical production processes contain one or more items that the family-run company stocks and distributes for its customers at its headquarters.  

These include fittings, pipe connections, hoses, couplings, pressure regulators and valves, which are used in various industrial systems. The company's special warehousing and distribution structure ensures that customers can guarantee uninterrupted production times through immediate overnight delivery, thereby improving their energy efficiency.

Lars Landefeld, Co-Managing Director of Landefeld: “Our companies have known each other for many years, with shared roots in the heart of Germany. We share many similarities and the values of the Viessmann team in particular are a perfect match for our company culture. With Viessmann as our new partner, we have a leading family business at our side – jointly, we will accelerate the internationalization of our business which we have started."

Marc Landefeld, Co-Managing Director of Landefeld: “The partnership with Viessmann is the next logical step in the evolution and growth story of our family business. Based on our long-term prospects as a family business, we plan to further expand our existing market position and extend our product portfolio. With Viessmann we both want to grow nationally and through further acquisitions."

Max Viessmann, CEO of Viessmann: "Landefeld is an entrepreneurial success story. With early investment in digitalization, the founding family has been able to establish itself as one of the key platforms in their field. Based in Northern Hessia, sharing the same values and a passion for digital-enabled growth completes the picture, making Landefeld a great addition to our ecosystem for exceptional entrepreneurs. We look forward to supporting the team in their future growth ambitions.”

Landefeld is a successful family business and has been a reliable partner to the industry for over 40 years. The company is known for the high quality standards of its products and its excellent delivery and logistics performance – shipping orders by 9 pm on the same day. Landefeld operates a fully automated warehouse with over 300,000 items and a user-friendly online store.  

Viessmann has mastered multiple transformations throughout its 107 year history as a family company for positive change: From the transition towards renewable energies, the internationalization of its business, over digitization and generation change to the professionalization of organizational structures and the implementation of a buy and build approach, the family company has transformed itself from a HVAC solutions manufacturer into a broadly diversified, global group and ecosystem for exceptional entrepreneurs, united by its company purpose of co-creating living spaces for generations to come.  

Since 2015, Viessmann has added around 35 portfolio companies to its ecosystem and accelerated their growth by contributing its entrepreneurial expertise.  

The investment in Landefeld is a further step in Viessmann’s expansion of its broad range of activities to maximize the positive impact of the family company in line with its purpose of co-creating living spaces for generations to come:

The industrial sector is the third largest source of CO2 emissions after the energy and transportation sectors. Industrial plants in particular face energy losses and create avoidable CO2 emissions, for example, due to leakage of compressed air. Every additional kilowatt hour consumed due to inefficiencies negatively impacts the carbon footprint of the entire plant.

The use of state-of-the-art technology and materials that are less prone to leakage can improve the entire system. This includes high-quality seals, tube systems, tube connectors and efficient components. With a high-quality range, easy ordering and fast delivery, Landefeld makes an important contribution to the efficient and energy-optimized operation of industrial plants.

The investment in Landefeld follows Viessmann’s recent investment in the leading renewable energy platform Encavis.  

The transaction is subject to customary closing conditions and the approval of the antitrust authorities and is expected to be completed in the third quarter of 2024.

Editorial note: the specific link to the Viessmann purpose was added in the second last paragraph after initial publication.

About Landefeld

With more than 40 years experience, Landefeld is one of the leading Europe-wide active suppliers for components of pneumatics, hydraulics, and industrial demand. Landefeld family-owned and ensures technical experience and support combined with short-term delivery times for one of the widest product ranges in its market segment. More than 98% of daily incoming orders are shipped on the same day. http://www.landefeld.de

About Viessmann  

Founded in 1917, the independent family company Viessmann is today a global, broadly diversified Group. All activities are based on the company’s purpose "We co-create living spaces for generations to come”. This is the passion and responsibility that the large worldwide Viessmann family brings to life every day. Viessmann forms an ecosystem of entrepreneurs and co-creators with a clear focus on CO2 avoidance, CO2 reduction and CO2 capturing.

Press Contact:
Byung-Hun Park
Vice President Corporate Communications
E: huni@Viessmann.com
M:  +49151-64911317