About the VELUX Group

For almost 80 years, the VELUX Group has created better indoor environments by bringing daylight and fresh air into homes and other buildings all over the world.  The VELUX Group  was founded in Denmark  and is today an international company with presence in 40 countries.

Light and fresh air through the roof

Our key products are roof windows, flat roof skylights and modular skylights for commercial buildings as well as accessories like blinds, and roller shutters, plus solutions for operating them, including sensor-driven, remote controlled and smart-home systems. Our products help create bright, healthy, energy-efficient places in which to live, work, learn and play.

Creating bright spaces since 1941

The VELUX story began in 1941 with our founder Villum Kann Rasmussen’s simple idea of transforming unused dark attics into bright liveable spaces filled with daylight and fresh air. Our distinctive name is a combination of ‘VE’, short for ventilation and ‘LUX’, Latin for light – VELUX. Our founder’s innovative vision took VELUX from a single order for 12 roof windows for a school in Denmark - Slagelse Vestre Skole - to one of the world’s most renowned suppliers of building materials with manufacturing and sales operations in more than 40 countries.

The Model Company Objective

The way we do business is aptly defined in our Model Company Objective, which our founder Villum Kann Rasmussen formulated in 1965. With the Model Company Objective, we aim to set a positive example through our behaviour. It guides how we respectfully engage with the people we work with, defines how we give back to the societies we operate in and sets the direction for how we responsibly work with scarce natural resources. Finally, by Model Company, we mean a company working with products that are useful to society. Our products, which provide natural light and fresh air through the roof help create healthy and comfortable indoor environments.

Healthy buildings focus

At VELUX Group, we wish to lead the change towards healthier and more sustainable buildings. We believe that a healthy and sustainable home must be designed for people, for increased energy efficiency and with respect for the environment. As a starting point, we focus on existing building legislation, scientific knowledge and established external standards, such as LEED and DGNB, and expand on this based on our many years of expertise.

Ownership

The VELUX Group is owned by VKR Holding A/S, a limited company wholly owned by foundations and family. The VELUX Group’s financial results are incorporated into VKR Holding’s consolidated accounts. In 2019 VKR Holding’s revenue amounted to Euro 2.9 billion and net profit for the year came to Euro 412 million.

Management

David Briggs, CEO
Peter Bang, Executive Director and CFO

Location

With 27 production sites in 10 countries and sales companies in 40 countries, our products are widely available. We employ 11,500 people and our company is headquartered north of Copenhagen in Denmark.

 

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