Multinational technology group Wilo ends the fiscal year 2021 with sales of nearly 1.7 billion euros.
In the past financial year 2021, the Wilo Group generated record sales of nearly 1.7 billion euros. Despite persistently difficult conditions, the innovation leader thus increased its sales revenue by 13.8 percent.
The unimaginable violence in the middle of Europe and the Coronavirus pandemic, which has been ongoing for over two years, also intensified the global decoupling tendencies in the past financial year . Among other things, the Group invested more than 170 million euros in the construction and expansion of sales and production locations in the modernization and expansion of production facilities, acquisitions, and takeovers.
The acquisition of QuantumFlo, Inc., a specialist in booster sets and intelligent pump systems, completed in fiscal 2021, consolidates the Technology Group’s market position. In addition, new state-of-the-art production and administration buildings were and are being built in the USA, China, and India.