LONDON: Volution Group plc (LSE: FAN), a leading international designer and manufacturer of energy efficient indoor air quality solutions, has signed an agreement to acquire the AC Industries business (ACI). Founded in 1991 and headquartered in Sydney Australia, ACI designs, manufactures and supplies specialist ventilation ducting solutions for secondary ventilation in underground mines. With its…
LONDON: Volution Group plc has signed an agreement to acquire the Fantech Group of companies from the owners of the UK based Elta Group Ltd. The Group has signed an agreement to acquire 100% of the holding company of the Fantech Australasia business for an initial consideration of AUD$220 million (£112.9 million) on a debt/cash…
LONDON, UK: Volution Group plc has signed an agreement to acquire Energy Recovery Industries (ERI), a leading manufacturer and supplier of low-carbon, energy efficient heat exchanger cells, for an initial consideration of €23.4 million on a debt free cash free basis, with a further contingent cash consideration of up to €12.4 million based on stretching…
LONDON: Volution Group, a leading international designer and manufacturer of energy efficient indoor air quality solutions, has signed an agreement for the acquisition of Nordiska Klimatfabriken AB in Sweden. Klimatfabriken specialises in the provision of premium low carbon ventilation equipment for the residential refurbishment market in Sweden, which the business designs and manufactures at its…
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…