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VA-Q-TEC AG

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VA-Q-TEC AG - Manufacturing & Construction showcase

Year Founded & Workforce

2001

597 Employees

Industry

Manufacturing & Construction

Services

Temperature-Controlled Packaging for Pharmaceutical Industry
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VA-Q-TEC AG Employee Contacts

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VA-Q-TEC AG Overview

Company Headquarters: Würzburg, Germany

Founded: 2001

Workforce: ~597

Company Working: va-Q-tec AG is one of the leading technology suppliers of highly efficient products and solutions in thermal insulation. The company provides customers from a wide range of industries with high-performance insulation solutions that enable the customer to increase their energy efficiency significantly. It operates in four segments: products, systems, services, and others. These are applied in various industries such as thermo-logistics, refrigeration & food industry, industrial & technical applications such as water boilers, construction industry, and mobility area. The product segment develops, produces, and markets innovative vacuum insulation panels (VIPs) and phase change materials (PCMs). The company manufactures passive thermal packaging, containers, and boxes in the system segment by combining VIPs and PCMs. In the service segment, the company operates a fleet of rental containers that produce themselves and allow temperature-sensitive transports to be operated securely and cost-efficiently compared with actively cooled containers. It has a presence over Kölleda, Switzerland, the UK, Korea, the US, Japan, Latin America, and Singapore.

Strategy

va-Q-tec AG follows an organic approach and invests significantly in R&D and innovations to enhance its product portfolio to ensure a strong market presence. The company’s strategic priorities include accelerating the pace of innovation, increasing the value of the network, and transforming the business model. It also aims to expand its presence and customer base through collaborations and partnerships.

Company Snapshot

$72.4M

Revenue

597

Employees

2001

Founded

Würzburg, Germany

Headquarters

SWOT Analysis

Strengths

  • Strong brand value
  • Rise in revenue growth in 2021 as compared to 2020 & 2019

Weaknesses

  • Delay in supply chain leading to delayed orders
  • Lack of global presence and need more investment for R&D

Opportunities

  • Expansion, mergers & acquisitions with other players in the market
  • Technological innovation in the product portfolio

Threats

  • Lower inflation rate

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Key Developments

DateApproachDevelopment
June 2021Partnershipva-Q-tec AG partnered with Turkish Cargo (İstanbul). This partnership will expand the temperature-controlled supply chain network across the globe.

Product Offering

  • VA-Q-TEC AG
    • Temperature-Controlled Packaging for Pharmaceutical Industry

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 72.4 Mn in 2019 to USD 123.1 Mn in 2021.
VA-Q-TEC AG — By Business Segment
Series (USD Mn)201920202021
Sales72.482.4123.1

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