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Announced

Completed

Volution Group completed the acquisition of I-Vent for €40m.

Financials

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Transaction Value£32m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Slovenia

ventilation systems

Friendly

Electronic Equipment: Control and Filter

Cross Border

Acquisition

Majority

Private

Single Bidder

Completed

Synopsis

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Volution Group, a manufacturer of ventilation equipment for commercial and residential customers, completed the acquisition of I-Vent, a residential ventilation systems manufacturer, for €40m. "We are delighted to have completed this earnings accretive transaction, and look forward to welcoming our new colleagues in I-Vent to the Group. The acquisition gives the Group access to fast growing new markets in Slovenia and Croatia, and I-Vent's innovative Low Carbon product solutions will further enrich our Group's expansive product portfolio, particularly in decentralised heat recovery," Ronnie George, Volution CEO.

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