Viessmann Generations Group

Viessmann Generations Group is a purpose-driven family-owned investment firm that focuses on co-creating sustainable living spheres through strategic investments in environmental infrastructure, climate solutions, and impact-driven sectors. The firm pursues majority stakes in regional market leaders across platforms like grid infrastructure, district heating and cooling pipes, stations and controls, as well as clean and cold technologies in the US and EU. It also engages in minority investments alongside partners, generational commitments in real estate, forestry, regenerative agriculture, and renewable energy via FGTC Investment, early-stage innovations, ecosystem multipliers through strategic partnerships, and philanthropy via the Viessmann Foundation targeting climate action, health, education, and poverty alleviation. Founded in 1917 by the Viessmann family as a heating technology company, the group evolved significantly in 2023 when it sold its core climate solutions division to Carrier Global for 12 billion euros, rebranding as Viessmann Generations Group to emphasize diversified investments in environmental protection, health, education, and science. Led by Martin Viessmann as chairman since 2022, with Max Viessmann as CEO and Ulrich Hüllmann as CFO, the firm leverages its family heritage for long-term, cross-generational commitments. In early 2024, Boris Scukanec Hopinski joined as Chief Investment and Operating Officer, bringing expertise from Goldman Sachs and UniCredit to drive operational excellence and high-potential deals. Notable investments include the acquisition of KPS Global, a Fort Worth, Texas-based leader in custom enclosures for controlled environments, expanding the Clean & Cold platform in North America, and a stake in Urban Partners, a €21 billion Nordic platform for sustainable urban development integrating real estate, venture capital, and credit strategies. The firm also backs FGTC Investment for agriculture and real assets in Europe and South America, and supports regenerative practices in forestry and agriculture to enhance biodiversity and carbon sequestration. The leadership team combines family stewardship with professional financial acumen, emphasizing shared values, operational expertise, and systemic change. This approach positions Viessmann Generations Group to address global challenges like greenhouse gases, air quality, food security, water quality, health, education, and democratic values through an integrated ecosystem of investments and philanthropy.