Company type | GmbH & Co KG |
---|---|
Industry | Heating and Refrigeration Systems [1] |
Founded | 1917 |
Founder | Johann Viessmann |
Headquarters | Allendorf (Eder), Germany |
Revenue | 4 billion € (2022) [2] |
Number of employees | 14,500 (2022) [2] |
Website | www.viessmann.family |
The Viessmann Group is a German manufacturer of heating and refrigeration systems headquartered in Allendorf (Eder), Germany. With 22 production companies in 12 countries, distribution companies and representative offices in 74 countries and 120 sales offices throughout the world, Viessmann is international in its orientation. More than 54 percent of turnover is generated abroad. [3] Since January 2022, the company is led by Martin Viessmann (chairman of the executive board), Maximilian Viessmann (Group-CEO) and Ulrich Hüllmann (CFO). [4] In April 2023, Viessmann announced that it would sell its heat pump division to its US competitor Carrier Global for €12 billion. [5] The transaction was completed in January 2024, Max Viessmann joins the Board of Carrier Global [6]
The company was founded in Hof an der Saale in 1917 by Johann Viessmann, and has been family owned for four generations. As of 2022, the company employs 14,500 people and reports annual sales of € 4 billion. [7]
With 22 production companies in 12 countries and worldwide with sales companies, agencies and trade partners in 74 countries, Viessmann is internationally oriented. More than 54 percent of turnover is generated abroad. [8]
Since January 2022, the Viessmann Group has been managed by two leaders. Maximilian Viessmann has assumed responsibility for whole group as CEO, while Ulrich Hüllmann fulfills the position of the CFO. [9]
For the company's 100th anniversary in 2017, a new research and development center was inaugurated at the headquarters in Allendorf in the presence of German Chancellor Angela Merkel. With a volume of 50 million euros, the "Technikum" represents the largest single investment in the history of the company. [10]
Viessmann is also active in the fields of investment, real estate and VC/O. Viessmann Investment develops growth potential and new markets through targeted acquisitions in medium-sized companies. Viessmann Real Estate deals with real estate, hotels and catering. VC/O is Viessmann's digital unit, which observes and shapes developments with regard to digitalisation and new business models. The VC/O includes, among others, the Maschinenraum in Berlin. [11]
The Viessmann Group includes Viessmann Kraft-Wärme-Kopplung GmbH (formerly ESS Energie Systeme & Service GmbH) as a producer of combined heat and power units, and Schmack Biogas Service GmbH as a market leader in the biogas sector. The group also includes the French medium boiler manufacturers Stein Energie and Sodiet (Viessmann Industrie France), as well as Viessmann Eis-Energiespeicher GmbH.
In 2012, the Viessmann Group acquired 100 percent of shares in Viessmann Kältetechnik AG in Hof. The company is one of the most important manufacturers of temperature-controlled rooms for trade and industry. [12] In addition, the Finnish Norpe Group, the leading Scandinavian manufacturer of commercial refrigeration units, finned products and cooling units for the food retail trade, was acquired in 2013.
In September 2016, Viessmann launched heizung.de, an information and advice portal aimed specifically at end users such as new builders and refurbishment companies. [13] Viessmann has also been operating the start-up company Builder Wattx in Berlin since 2016. [14]
Viessmann Investment also has holdings in the Polish manufacturer Kospel, which produces instantaneous water heaters, electric boilers and hot water storage tanks, Pewo (a specialist in heat transfer stations for local and district heating based in Dresden) and the installation and service provider for complex central heating systems Thermowise in South Africa. The portfolio of Viessmann Investment also includes LämpöYkkönen (full-range supplier for heat pumps in Finland), the electrical and infrared heating manufacturer Etherma in Austria and the British online retailer for Viessmann products and spare parts, Viessmann Direct in England. [15]
Also in 2018, the company built a solar park next to its headquarters in Allendorf to cover up to 7 percent of the company's own electricity requirements. The plant has an output of 2 MW and was built without state subsidies. Instead, the project is financed by the company's own consumption of electrical energy. [16] [17]
The company also operates the Allendorf airfield.
On the purely technical side, Viessmann provides a range of HVAC products as well as services, industrial and refrigeration products. [18]
for commercial, industrial, and residential purposes ranging from 1.5 to 120,000 kW.
The Viessmann Group originated in Hof on the banks of the Saale, where Johann Viessmann set up a small workshop in 1917 specialising in the construction of steel boilers. In 1937 he moved operations to Allendorf (Eder) in northern Hesse. After World War II, Hans Vießmann took over his father's company and modernized it by introducing series production and industrial processes. In the 1950s and 1960s, oil replaced the previously used solid fuels, whilst steel boilers became increasingly important. Viessmann seized these growth opportunities and developed into a medium-sized industrial enterprise with 1,400 employees.
The 1970s were a time of expansion. In 1972, Viessmann opened its first foreign factory in Faulquemont (France), followed by Waterloo, Ontario (Canada), the first site outside Europe, in 1978. With the development of new technologies, the company responded to the challenges of the energy crisis: In 1976, the first solar collectors were produced, followed by the first heat pumps in 1978.
The fall of the Berlin Wall in 1989 opened up new markets – initially in the former East Germany and later in Eastern Europe. At the end of 1991/start of 1992, Dr. Hans Vießmann handed the company over to his son Dr. Martin Viessmann.
In the 1990s, major structural changes were taking place: from floorstanding boilers to wall mounted boilers, from oil to gas, from gas-fired boilers to condensing technology. Viessmann set up a new production facility for wall mounted gas boilers in Allendorf, whilst developing an international sales office and branch network. As of 2005, the company launched the "Efficiency Plus" campaign focusing on demonstrating energy saving and sustainable processes and reducing the company's environmental footprint, whilst also expanding the product range with the acquisition of other technologies. Viessmann first acquired wood combustion specialists Mawera and Köb, followed by KWT, a manufacturer of large heat pumps and ESS for combined heating and power systems. BIOFerm, Schmack and Carbotech acquisitions covered the area of biogas technology, and with an evacuated tube solar collectors plant in Dachang (China), the company has expanded its market presence into solar thermal systems.
Following the introduction of the company's "Efficiency Plus" campaign, Viessmann received both in 2009 and 2011 the German Sustainability Award for most sustainable production and most sustainable brand in Germany, respectively. In 2010 the company also received the Energy Efficiency Award for optimising energy production and use in its manufacturing facilities. [20] [21] In 2013, the company received the German Sustainability Award for the third time.
Since January 2022, Martin Viessmann leads the Group as chairman of the executive board. The business is headed by Max Viessmann as CEO and Ulrich Hüllmann as CFO. [4]
Viessmann is sponsor of various winter sports. In addition, various German athletes from winter sports are sponsored. In biathlon, the team includes Sven Fischer, Laura Dahlmeier, Denise Herrmann, Franziska Hildebrand, Benedikt Doll and Arnd Peiffer. The Nordic combined athletes Eric Frenzel and Johannes Rydzek are in the Viessmann team, as well as ski jumpers Katharina Althaus, Stephan Leyhe, Richard Freitag and Markus Eisenbichler and one of the greatest German talents Constantin Schmid. Since September 2017, the company has also been the official partner of the Panasonic Jaguar Racing Team in the FIA Formula E World Championship and, since 2019, regional partner of FC Bayern Munich in China and Hong Kong. [22]
Heating, ventilation, and air conditioning (HVAC) is the use of various technologies to control the temperature, humidity, and purity of the air in an enclosed space. Its goal is to provide thermal comfort and acceptable indoor air quality. HVAC system design is a subdiscipline of mechanical engineering, based on the principles of thermodynamics, fluid mechanics, and heat transfer. "Refrigeration" is sometimes added to the field's abbreviation as HVAC&R or HVACR, or "ventilation" is dropped, as in HACR.
A heat pump is a device that consumes work to transfer heat from a cold heat sink to a hot heat sink. Specifically, the heat pump transfers thermal energy using a refrigeration cycle, cooling the cool space and warming the warm space. In cold weather, a heat pump can move heat from the cool outdoors to warm a house ; the pump may also be designed to move heat from the house to the warmer outdoors in warm weather. As they transfer heat rather than generating heat, they are more energy-efficient than other ways of heating or cooling a home.
District heating is a system for distributing heat generated in a centralized location through a system of insulated pipes for residential and commercial heating requirements such as space heating and water heating. The heat is often obtained from a cogeneration plant burning fossil fuels or biomass, but heat-only boiler stations, geothermal heating, heat pumps and central solar heating are also used, as well as heat waste from factories and nuclear power electricity generation. District heating plants can provide higher efficiencies and better pollution control than localized boilers. According to some research, district heating with combined heat and power (CHPDH) is the cheapest method of cutting carbon emissions, and has one of the lowest carbon footprints of all fossil generation plants.
Micro combined heat and power, micro-CHP, μCHP or mCHP is an extension of the idea of cogeneration to the single/multi family home or small office building in the range of up to 50 kW. Usual technologies for the production of heat and power in one common process are e.g. internal combustion engines, micro gas turbines, stirling engines or fuel cells.
Carrier Global Corporation is an American multinational heating, ventilation, and air conditioning (HVAC), refrigeration, and fire and security equipment corporation based in Palm Beach Gardens, Florida. Carrier was founded in 1915 as an independent company manufacturing and distributing HVAC systems, and has since expanded to include manufacturing commercial refrigeration and food service equipment, and fire and security technologies.
An absorption heat pump (AHP) is a heat pump driven by thermal energy such as combustion of natural gas, steam solar-heated water, air or geothermal-heated water differently from compression heat pumps that are driven by mechanical energy. AHPs are more complex and require larger units compared to compression heat pumps. In particular, the lower electricity demand of such heat pumps is related to the liquid pumping only. Their applications are restricted to those cases when electricity is extremely expensive or a large amount of unutilized heat at suitable temperatures is available and when the cooling or heating output has a greater value than heat input consumed. Absorption refrigerators also work on the same principle, but are not reversible and cannot serve as a heat source.
An air source heat pump (ASHP) is a heat pump that can absorb heat from air outside a building and release it inside; it uses the same vapor-compression refrigeration process and much the same equipment as an air conditioner, but in the opposite direction. ASHPs are the most common type of heat pump and, usually being smaller, tend to be used to heat individual houses or flats rather than blocks, districts or industrial processes.
Stiebel Eltron is a company based in Holzminden, Germany, that manufactures central heating products such as heat pumps. The UK office was set up on the Wirral Peninsula in 2008. The company dates back to 1924 in Berlin, when Dr. Theodor Stiebel founded Stiebel Eltron. Today it is a green energy low carbon specialist manufacturing ground, air and water source heat pumps. It further produces ventilation and air conditioning and systems technologies. It has a worldwide turnover of €700 million and employs 4000 staff.
Thermodynamic heat pump cycles or refrigeration cycles are the conceptual and mathematical models for heat pump, air conditioning and refrigeration systems. A heat pump is a mechanical system that transmits heat from one location at a certain temperature to another location at a higher temperature. Thus a heat pump may be thought of as a "heater" if the objective is to warm the heat sink, or a "refrigerator" or “cooler” if the objective is to cool the heat source. The operating principles in both cases are the same; energy is used to move heat from a colder place to a warmer place.
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Rheem Manufacturing Company is an American privately held manufacturer that produces residential and commercial water heaters and boilers, as well as heating, ventilating and air conditioning (HVAC) equipment. The company also produces and sells products under the Ruud brand name. It is an independent subsidiary of Paloma Industries. What became Rheem started in 1925 as a supplier of packaging to the petroleum industry, and is currently headquartered in Atlanta, Georgia in the United States. The company is one of the largest manufacturers of both water heating and HVAC equipment in the United States, and also produces and markets products in Argentina, Armenia, Australia, Bahrain, China, Chile, Brazil, Canada, Iraq, Kuwait, Mexico, New Zealand, Perú, Oman, Qatar, Saudi Arabia, Singapore, UAE, and Ukraine.
Ariston Holding NV is an Italian corporation that produces heating systems and related products, marketed mainly under the Ariston, Chaffoteaux, Elco, Racold, Régent, Atag, NTI, HTP, Cuenod, Ecoflam and Thermowatt brands.
Martin Viessmann is a German billionaire businessman, CEO of Viessmann Group, a heating systems manufacturer headquartered in Allendorf, Germany.
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