Acquisition

RNS Number : 8549X

Volution Group plc

11 May 2016

 

11 May 2016

Volution Group plc

Acquisition of NVA Services Limited

Volution Group plc (LSE: FAN) a leading supplier of ventilation products to the residential and commercial construction market, announces that it has completed the acquisition of NVA Services Limited (trading as National Ventilation and Airtech), a UK supplier and installer of ventilation products for both residential and commercial applications. NVA Services Limited generated revenue of £8.5 million (based on UK GAAP) for the year ended 31 March 2015.

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Enquiries:

Volution Group plc

Ronnie George, Chief Executive Officer                [phone]

Ian Dew, Chief Financial Officer                               [phone]

Brunswick                                                                          [phone]

[e-mail]

Craig Breheny, Simone Selzer

Note to Editors:

Volution Group plc (LSE: FAN) is a leading supplier of ventilation products to the residential and commercial construction market in the UK and northern Europe.

The Group sold approximately 12.5 million ventilation products and accessories in the six months ended 31 January 2016. The Volution Group operates through two divisions: the Ventilation Group and the OEM (Torin-Sifan) division.  The Ventilation Group consists of 9 key brands - Vent-Axia, Manrose, Diffusion, Fresh, PAX, Welair, inVENTer, Brüggemann and Ventilair, focused primarily on the UK, Nordic, German and Benelux ventilation markets. The Ventilation Group principally supplies ventilation products for residential and commercial ventilation applications. The OEM (Torin-Sifan) division, supplies motors, fans and blowers to OEMs of heating and ventilation products for both residential and commercial construction applications in Europe.

For more information, please go to:  http://www.volutiongroupplc.com/

 

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