Both companies see great potential and opportunities for global synergies in serving customers together through an unprecedented combined tech-driven solution offering – from commercial building owners and operators to smart district and city solutions, adapting the climate and energy predictively to users’ needs.
To underline the long-term nature of this partnership, Viessmann has acquired a minority interest in Priva. This allows Priva to accelerate its innovative technology agenda and international growth, yet remain an independent family business. Viessmann can rapidly develop its climate solutions for commercial buildings and explore horticultural environment business opportunities.
In addition to their similar family business culture, Viessmann and Priva share a vision of how their solutions can make a profound and pragmatic impact on the current climate crisis and change the world for the better.
Both companies believe that partnerships, networks and smart ecosystems are crucial in providing the range and breadth of solutions needed to address the important issues of global warming, energy transition and food security in the world.
Meiny Prins, CEO of Priva: “We are a purpose-driven company. We are proud to offer innovative and sustainable solutions, which benefit our customers and society. We feel strengthened by Viessmann’s recognition of our vision and technology. Joining forces with Viessmann is an important next step towards fulfilling our ambition. It makes us both stronger while it maintains our independence and company values. This is an unprecedented opportunity for creating a climate for growth together.”