Swiss Lions rankings | 2026 edition

Zehnder

Zehnder is No. 10 in the Electrical and Building Technology ranking, with a score of 36.5 out of 100. It is not among the Swiss Lions 100 for 2026. Registered office: Gränichen, canton of Aargau.

Top Electrical and Building Technology The full ranking
Swiss Lions score
36.5
Swiss Lions 100
Not in the 100 for 2026

About

Gränichen-based maker of indoor climate products, mainly comfort ventilation systems and radiators, with its own factories in Europe, China and North America and about 3,600 employees.

Zehnder Group develops and manufactures products for a healthy indoor climate, covering heating, cooling, indoor ventilation and air cleaning. Since 2001 it has shifted from a radiator manufacturer towards ventilation and indoor climate solutions; in 2025 the radiators segment accounted for 34% of group sales, with ventilation making up the rest. It produces at its own factories in Europe, China and North America and reports by region across EMEA, North America and Asia-Pacific. Headquartered in Gränichen, canton of Aargau, it has been listed on the SIX Swiss Exchange since 1986 and is controlled by the Zehnder families through Graneco AG.

  • Comfort ventilation systems
  • Radiators
  • Heating and cooling
  • Clean Air Solutions (air cleaning)
  • CORE division

How the score is made

Global scale

27.3

CHF 715m revenue.

Swiss value

40

Limited Swiss production.

Global visibility

40.5

Online attention across languages, and worldwide search interest.

Impact

50

Net-zero target validated. Not a certified B Corp.

Philanthropy

0

No charitable foundation found.

Impact and philanthropy together make up the impact measure. How the ranking works.

Key figures

Revenue used in the ranking
CHF 715m2025, company

Shares and listing

Stock exchange
SIX Swiss ExchangeTicker ZEHN (class A registered shares)
ISIN
CH0276534614
Market value
CHF 775 millionAt the close on 23 October 2026. Source: stockanalysis.com.

Profit, dividends and employee numbers are published in the company's annual report.

We have not found a published figure for employees in Switzerland for 2025 or 2026, and dividends paid to Swiss shareholders are not published, so neither is shown.

Profile

Registered office
GränichenCanton of Aargau
Language region
German-speaking
Ownership
Listed, family-controlledZehnder family, through Graneco
Chief executive
Matthias HuenerwadelSince 2019. Source
Chair
Hans-Peter ZehnderSource
Global reach
Own factories in Europe, China and North AmericaSource
Founded
1895

In Switzerland

  • Gränichen AGHeadquarters (Moortalstrasse 1)

Over time

Zehnder: net sales and employees by year, as reported by the company
YearNet salesEmployees
2025EUR 761m3,636 FTE
2024EUR 706m3,559 FTE

As reported by the company, in its own reporting currency.

Milestones

  1. 1986Listed on the Swiss stock exchange.
  2. 2001Begins shift from radiator maker to ventilation and indoor climate provider.
  3. 2019Matthias Huenerwadel becomes CEO.
  4. 2024Acquires Spanish ventilation company Siber.

Also in Electrical and Building Technology

See all 10 brands in Electrical and Building Technology. Read the 2026 data story for Electrical and Building Technology.

Sources

  • Revenue used in the ranking: marktpuls.ch (2025).
  • Company profile, sites, history and milestones: report.zehndergroup.com.
  • Climate target: Science Based Targets initiative dashboard, status at 30 June 2026. Foundations: Swiss commercial register. B Corp: B Lab directory.

Something out of date?

If a figure is wrong, or Zehnder can publish figures for the next edition, tell us. Corrections are recorded with their source.

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