 In 2011 the turnover of the company was around €580 million 

Veritas was founded in 1849 as Berliner Gummiwaarenfabrik (Rubberware Factory of Berlin)  and is today the oldest rubber manufacturer in Germany.In 1883 the company signed a public stock and became Berliner Gummiwaarenfabrik AG where AG stands for "Aktiengesellschaft" or stock company.In 1886 "Berliner Gummiwaarenfabrik AG" merged with "Frankfurter Gummiwarenfabrik Wendt, Buchholz & Co.", being the latter based in the city of Gelnhausen.