Volution Group acquires 75% stake in ClimaRad for €42 million
LONDON: Volution Group plc has acquired 75% of the issued share capital of ClimaRad BV, the market leader for decentralised ventilation systems in the Netherlands. The acquisition of 75% of ClimaRad will be for a cash consideration of €42 million on a debt free cash free basis (approximately £38 million), to be funded from the…