The Styrian VTU Group, founded in 1990, has grown from a one man show to a worldwide active, successful player with a solid market position.28.02.2018
In February 2018, the owners of VTU gave a majority share to funds advised by DPE Deutsche Private Equity Equity Management III GmbH (DPE), an independent investment company with headquarters in Munich.
The continuously excellent order situation, a consistently high workload for all employees, and strong demand at all locations mean that further steps are required to drive forward the planned international expansion. Founder Dr. Michael Koncar: "Now is the right time to invest: In new markets, our employees and the expansion of the existing portfolio. The investment of DPE and the new capital ensure the further successful growth course of the VTU Group in the long term, and strengthen our position on the market. We are convinced, that DPE will successfully further develop the VTU Group, together with the whole team!"
All business branches will continue to work with their existing management team at the usual locations. The company name and/or the brand will be retained, the employees will remain in their usual work environment. The management of the VTU points out that hiring further qualified employees will be the focus, in order to comply with the high demand. Furthermore, opening up new markets with more sites, and building up the portfolio of the VTU group are significant measures, to continue to successfully maintain the growth course.
VTU is an engineering company, which plans and supplies the plants for the industrial branches of pharmaceuticals, biotechnology, chemistry, metallurgy and oil & gas, on the international market. Since 2010, VTU has more than tripled the turnover, and more than doubled the number of employees. Today, over 400 employees work for the company.
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