The shareholders of Landefeld Druckluft und Hydraulik and Landefeld Beteiligungsgesellschaft sold their minority interest in the companies to Viessmann Generations Group, with Grant Thornton advising the sellers. The deal was reported on 7 August 2024; no value was disclosed.
Viessmann is building a 40,000-square-meter heat pump factory in Legnica, Poland, with an investment above EUR 200 million, with UNITY Consulting supporting planning and production start targeted for Q3 2023.
US fridge and air-conditioning group Carrier Global agreed to buy the core business of German heat pump maker Viessmann for about 12 billion euros ($13 billion), according to Reuters Breakingviews.
Viessmann plans a new production site of about 5,000 square metres in Legnica, Poland, for R290 propane-based heat pumps, with a €200 million investment and completion due in 2023.
The Viessmann Group announced it will invest €1 billion over the next three years to expand its heat pump and green climate solutions portfolio, including manufacturing footprint and R&D labs.
Viessmann formed a strategic partnership with Netherlands-based climate and process control company Priva and acquired a minority interest in it, to develop smart climate solutions for buildings and horticulture.
Viessmann Group acquired a minority interest in Dutch climate and process control company Priva as part of a strategic family partnership. The two companies will jointly offer combined climate solutions for buildings and districts.