Volution Group completed the acquisition of AC Industries for $124m.

Volution Group, an indoor air quality solutions manufacturer, completed the acquisition of AC Industries, an underground mining ventilation ducting, for $124m. "On behalf of the Volution team, I'm delighted to complete the acquisition of ACI, further extending our market reach across the Australasian region. We're excited to work with the talented ACI team and to support them as they continue their impressive growth journey and build on their strong market position," Ronnie George, Volution Chief Executive Officer.