The Viessmann Group has acquired the Finland-based Norpe Group. The German manufacturer of heating, cooling and climate control technology announced the acquisition in Helsinki on September 23rd, 2013. As a family business, Viessmann offers its new group member a long term perspective to expand its market position as one of Europe’s leading suppliers of cooling solutions for the food retail industry.
As commercial refrigeration technology company Norpe is the market leader in the Nordic countries and the Baltic states. In addition, the company has experienced a rapid profitable growth due to increased business activities in its core markets including Russia and Germany. Norpe employs a staff of more than 450 and generated a turnover of over 130 million Euros in 2012.
More about the acquisition: www.norpe.com