We tap into growth potential
Our investments grow with us
We make targeted investments to strengthen the Viessmann Group and offer companies the opportunity to grow in parallel with us. With our portfolio companies, we expand the product range and branch into new regions and markets. Our acquisitions support our goal of diversifying the Group in a sustainable manner.
We build up our portfolio companies
We target family-run companies within the global heating, cooling, and ventilation market for our acquisitions. Our target markets are in Europe, North America, Asia and Africa. We invest in companies with a very flexible mandate. Depending on the situation, we can have a long-term involvement in companies either through minority or majority shareholdings.
Viessmann Investment offers medium-sized companies a professional framework in which to grow together. After being invested in, the companies continue to operate independently and can thus hold onto their success factors, such as their specific corporate culture, brand, and management. We also support our portfolio companies actively, and build them up in a targeted way by using Viessmann’s expertise in purchasing, production, and sales.
Our newly established Investment business area has been active since 2019. Led by Managing Director Timo Tauber, it is made up of a Deal team and an Operations team. The Deal team searches for and identifies strategic investments to then close on. It also provides transaction services to other business areas. The Operations team works on behalf of the shareholders and is dedicated to the operational management of the portfolio companies.
Viessmann Investment portfolio
The Viessmann Investment portfolio currently comprises twelve shareholdings with which we jointly create value for our customers. With a total of around 3000 employees, we generate a total turnover of approx. 480 million euros. These not only strengthen our range of products and services for our customers, but also our international presence – from Finland, to the UK, South Africa and Australia.
ETHERMA Elektrowärme is a manufacturer of electric and infrared heaters located in Henndorf am Wallersee, Austria. In collaboration with ETHERMA, we are branching into and expanding our activities in the future-oriented market of electric heating.
PEWO Energietechnik is a family-owned and -operated specialist company for heat transfer stations used in local and district heating, which is based in Elsterheide near Dresden. PEWO develops and manufactures system solutions for apartments, cities, hotels, clinics, swimming pools, and industry throughout Europe and beyond. In partnership with its subsidiary MB-Brassen, also a leading German provider of district heating solutions, PEWO is strengthening its market presence, especially in the Rhine-Main and Rhine-Neckar regions.
LämpöYkkönen is a full-range heat pump supplier headquartered in Jyväskylä, Finland. Viessmann works with LämpöYkkönen to improve Viessmann’s market access in Finland.
Kospel is a Polish manufacturer of tankless water heaters, electric boilers, and hot water tanks. Viessmann is expanding its product portfolio and improving its market access in Central and Eastern Europe with the company takeover.
ThermoWise is a leading South African installation and service provider for complex heating systems that specializes in heat pumps and commercial heat generators. It is involved mainly in large-scale projects used in hospitals, shopping centers, hotels, and residential complexes. SIRAC focuses on the development and sale of solutions in the field of energy-efficient commercial water heating. The partnership strengthens Viessmann's entry into both the South African and other fast-growing African markets.
Viessmann Direct is a British online retailer for Viessmann products and spare parts with more than 30 years of retail experience. Viessmann is thus increasing its access to the UK market.
Priva is a technology company active in two areas: Horticulture (Greenhouses/ Vertical- Indoor Farming) and Building Automation, based in de Lier, the Netherlands.
VAE Group is a "turn key" Commercial HVAC Solutions provider based in Brisbane, Australia.
The Dutch company Koelplan is a specialist in the design and installation of commercial heat pumps and cooling systems and is headquartered in Soesterberg near Utrecht. Together with Koelplan, the Viessmann Group is strengthening its market access in the Netherlands in the field of heat pumps and cooling systems.
0800 Repair is a British company specializing in installation services in the field of heating systems, insulation and renewable energies. Together with 0800 Repair, the Viessmann Group can strengthen its market presence in the UK.