Announced

Viessmann to acquire a 35% stake in Landefeld.

Synopsis

Viessmann, an international manufacturer of heating, cooling and air conditioning technology, agreed to acquire a 35% stake in Landefeld, an European supplier of pneumatic, hydraulic, and industrial components. Financial terms were not disclosed. "Landefeld is an entrepreneurial success story. The owner family invested early in digitalization and established itself as one of the central platforms in its field. Based in northern Hesse, with shared values ​​and a deep passion for digital growth opportunities, Landefeld is an ideal partner and a perfect addition to our Viessmann ecosystem for outstanding entrepreneurs. We are pleased to support the team on its future growth path," Max Viessmann, Viessmann CEO.

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