Viega Group Company Research Report

Company Overview

Name: Viega Group

Mission: Viega's mission is to improve people's lives by conserving resources and developing technologies that ensure drinking water hygiene, energy efficiency, comfort, and safety in buildings. They aim to install lifelines for the buildings of tomorrow.

Founded: The company was founded in 1899.

Founder: Franz-Anselm Viegener

Key People:

• Markus Brettschneider (Appointed CEO from September 1, 2024)

• Claus Holst-Gydesen (Current CEO transitioning to Supervisory Board)

• Anna Viegener and Walter Viegener (Chairs of the Shareholder Committee)

Headquarters: Viega GmbH & Co. KG, Viega Platz 1, 57439 Attendorn, Germany

Number of Employees: More than 5,000 globally

Revenue: Viega achieved a turnover of 1.8 billion euros in 2022.

Known For: Viega is recognized as a global market leader and technology developer in the installation sector, particularly known for its expertise in healthy drinking water in buildings and as an innovator of construction technologies like their piping systems.

Products

Products Offered:

• Piping Technology: Includes metal and plastic press connector systems for transporting liquid and gaseous media. Features include flow-optimized connection technology and high installation safety.

• Pre-wall & Flushing Technology: A full range of technology for plumbing installations used in both traditional and custom bathroom design. This includes pre-wall blocks for wet construction, and pre-wall installation systems.

• Drainage Technology: Solutions that ensure wastewater from sanitary fittings is removed safely. This includes floor and bath drains, and various connectors.

• Press Technology: The Profipress and SC-Contur have established new standards in press technology for pipelines.

Key Features:

• The use of digital networking and Building Information Modelling (BIM) for efficient and proactive planning.

• Systems are designed to ensure high-quality drinking water and promote energy efficiency.

• Efforts toward resource-efficient and sustainable operation of building technologies.

Recent Developments

Recent Developments:

• Markus Brettschneider is set to become the new CEO on September 1, 2024.

• Andreas Reger has been appointed as the new President and CEO of Viega LLC, succeeding Markus Brettschneider.

New Products and Features:

• Launched Viega World, a seminar center in Attendorn, which showcases future construction methodologies and is a prime example of sustainable and efficient building, certified "Platinum" by the German Sustainable Building Council (DGNB).

Partnerships and Collaborations:

• Close collaboration with esteemed institutions such as RWTH Aachen University and the Fraunhofer Institute to further digital construction and sustainability in building solutions.

• Engagements with research institutions and universities for multidisciplinary innovation projects focused on drinking water management and sustainability.

Sustainable Initiatives:

• Commitment to make production climate-neutral by 2035.

• Strong focus on digitalization and the use of BIM to enhance construction efficiency and sustainability.

Viega remains committed to evolving and setting benchmarks in construction innovation and sustainability, with a continuous focus on improving resource efficiency, digitalizing processes, and expanding their global impact.