Volution Group completes acquisition of I-Vent

Volution Plc
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Volution Group plc (LON:FAN), a leading international designer and manufacturer of energy efficient indoor air quality solutions, has now confirmed that it has now completed the acquisition of I-Vent d.o.o (“I-Vent”) in Slovenia and Croatia.  

Ronnie George, Volution Chief Executive Officer, commented:

“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.”

The Company will publish its scheduled pre-close statement on 20 July 2023.

Volution Group plc (LON: FAN) is a leading international designer and manufacturer of energy efficient indoor air quality solutions.  Volution Group comprises 20 key brands across three regions:

UK: Vent-Axia, Manrose, Diffusion, National Ventilation, Airtech, Breathing Buildings, Torin-Sifan.

Continental Europe: Fresh, PAX, VoltAir, Kair, Air Connection, Rtek, inVENTer, Ventilair, ClimaRad, ERI Corporation, VMI.

Australasia: Simx, Ventair, Manrose.

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