REG - Volution Group plc - Completion of Acquisition

VolutionAnnouncement

23/06/2023 07:00

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RNS Number : 6580D  Volution Group plc  23 June 2023

 

 

 

 

 

23 June 2023

 

 

 

Volution Group plc

 

Completion of I-Vent acquisition

 

Further to the announcement of 20 April 2023, Volution Group plc ("Volution"
or the "Group"), a leading international designer and manufacturer of energy
efficient indoor air quality solutions, is pleased to confirm 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.

 

-ends-

 

 

 

For further information:

 Volution Group plc
 Ronnie George, Chief Executive Officer             +44 (0) 1293 441501
 Andy O'Brien, Chief Financial Officer              +44 (0) 1293 441536

 FTI Consulting                                     +44 (0) 203 727 1340
 Richard Mountain
 Susanne Yule

 

Volution Group plc Legal Entity Identifier: 213800EPT84EQCDHO768.

 

Note to Editors:

 

Volution Group plc (LSE: 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.

 

For more information, please go to: www.volutiongroupplc.com
(http://www.volutiongroupplc.com)

 

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