- CEO
- Christoph Kilian
- Full Time Employees
- 2,078
- Sector
- Consumer durables
- Industry
- Electronics/Appliances
- Address
- Industriestrasse 66 Zug ZG Switzerland 6302
- IPO Date
- Jun 25, 2020
- Business
- V-ZUG Holding AG engages primarily in the development, manufacture, sale, and servicing of household appliances. Its core product offerings encompass kitchen appliances including ovens, steamers, cooktops, range hoods, dishwashers, refrigerators, wine cabinets, drawers, coffee machines, and microwaves, as well as laundry appliances such as washing machines, dryers, and the RefreshButler system. The company also supplies related accessories and publishes recipe books, catering mainly to private households. V-ZUG operates through its subsidiaries primarily in Switzerland but extends its market reach across Europe, North America, and the Asia-Pacific regions. The company was founded in 1913 and is headquartered in Zug, Switzerland.
In recent major developments, V-ZUG has significantly expanded its international presence by opening new studios in metropolitan areas including Hamburg, Berlin, Milan, and Sydney. It has invested over CHF 300 million in its Swiss industrial infrastructure, including a notable relocation of production facilities to the new Zephyr Ost building, with full operational transfer expected by mid-2025. Financially, V-ZUG reported revenues of CHF 591.7 million in 2024, with a 50.8% increase in EBIT to CHF 25.3 million, reflecting improved profitability. The company continues to focus on sustainability and innovation in household appliances while enhancing its operational efficiency and market footprint.
V-ZUG's business segments comprise Household Appliances and Real Estate, with a dedicated workforce of over 2,000 employees. The company targets private households with premium appliance solutions designed for comfort and environmentally friendly performance. Its strategic expansions and infrastructure investments indicate a commitment to both market growth internationally and consolidation of manufacturing capabilities domestically. The company remains privately held, emphasizing innovation, quality, and Swiss engineering heritage in its product propositions and service offerings.
This comprehensive profile reflects V-ZUG Holding AG's position as a leading Swiss appliance manufacturer with growing international ambitions and a strong emphasis on operational modernization and sustainable business practices.