Announced
Completed
Financials
Tags
France
ventilation systems
Cross Border
Machinery: Specialty
Completed
Acquisition
Friendly
Single Bidder
Majority
Private
Synopsis
Volution Group, a manufacturer of ventilation equipment for commercial and residential customers, completed the acquisition of Ventilairsec, a residential ventilation systems manufacturer, for €15m. "Acquisition of strong local brands with attractive market positions is a key tenet of Volution's growth strategy, and we are delighted to announce these two exciting transactions. We look forward to welcoming our new colleagues in I-Vent and Ventilairsec to the Group. Both acquisitions give the Group access to significant new markets and bring with them innovative Low Carbon product solutions which further enrich our Group's expansive product portfolio," Ronnie George, Volution CEO.
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