In December 2023, WILO SE successfully secured the largest financing package in its over 150-year company history. A promissory note loan (Schuldscheindarlehen) totalling 270 million euros was placed in the international capital market and a syndicated loan totalling 300 million euros was refinanced among the core banks.
The Wilo Group and the Wilo-Foundation extend their contract with the Team German Men’s Eight ahead of schedule. The multinational technology group and the family foundation will remain the main sponsor and promoter of young talent for the flagship of German rowing until 2028. Even in challenging times, both supporters are convinced of the strength and exceptional team spirit of the rowers.
The starting signal for an extraordinary project: on 15 December, the Wilo Executive Board and Dr Jochen Opländer, Honorary Chairman of the Supervisory Board of the Wilo Group, broke ground for the construction of the new Health Cube at Wilopark.
WILO Canada Inc., a subsidiary of WILO SE, has acquired the assets of PLAD Equipment Ltd., a company specialising in pumps and packaged pump systems for HVAC, boosting, firefighting, and irrigation applications. Plad, based in Montreal and Quebec City, Canada, also offers pump repair and machining services.
In order to intensify economic relations with African countries, position the continent more firmly in the focus of German economic and foreign policy and shape efficient cooperation with Africa beyond development aid, Oliver Hermes was appointed to the board of the Africa Association and the Sub-Saharan Africa Initiative of German Business (SAFRI) in September 2023.
The multinational Wilo Group has opened a new plant in India. In Kesurdi in the west of the country, a sustainable and ultra-modern high-tech production complex has been built on a 94,000 square metre site. Here, the technology group manufactures premium pump systems for water management in India, the Middle East, Africa and South-east Asia.
On 27 July 2023, with the ceremonial reopening of a hub in Nairobi, Kenya, expanded to include state-of-the-art assembly, testing and training capacities, the multinational technology group Wilo has strengthened its presence in East Africa and reaffirmed its ambition to help shape the sustainable development in the continent as a whole.
The Wilo Group has been awarded the German Brand Award. At the award ceremony in Berlin, the technology group received the prestigious prize in the category of “Brand Communication – Fairs & Exhibitions” for the factory tours at the Wilopark in Dortmund.
The Wilo Group has published its sustainability report for 2022. In it, the multinational technology group has documented the progress it has made in implementing its sustainability strategy.
The multinational Wilo Group is strengthening its ties to Southeast Asia. At the Hannover Messe exhibition, Oliver Hermes, President & CEO of the Wilo Group, exchanged views with Dr Bambang Susantono, who as Chairman of the Nusantara National Capital Authority is responsible for the planning and construction of the new Indonesian capital in the east of the island of Borneo.
