Volution Group
 | |
| Company type | Public limited company |
|---|---|
| Industry | Ventilation equipment |
| Founded | 2002 |
| Headquarters | Crawley, West Sussex, United Kingdom |
Key people |
|
| Revenue |  £328.0 million (2023)[1] |
| £57.1 million (2023)[1] | |
| £37.4 million (2023)[1] | |
| Website | www |
Volution Group plc is a manufacturer of ventilation equipment for commercial and residential customers. Based in Crawley, West Sussex, the company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
History
[edit]The company was established as a separate entity when HSBC Private Equity acquired the Air Movement and Cable Management businesses of Smiths Group for £125 million in December 2002.[2] It was acquired by ABN AMRO in July 2006[3] and by TowerBrook Capital Partners in February 2012.[4] It was then the subject of an initial public offering on the London Stock Exchange in June 2014.[4]
Operations
[edit]The company's brands include UK-based Vent-Axia.[2]
References
[edit]- ^ a b c "Annual Results 2023" (PDF). Volution Group. Retrieved 13 February 2024.
- ^ a b "Smiths sells Air Movement and Cable businesses for £125 million". The Engineer. 5 December 2002. Retrieved 26 May 2021.
- ^ "ABN in talks to buy Volution for £160 million". The Telegraph. 5 July 2006. Retrieved 26 May 2021.
- ^ a b "TowerBrook's Volution Set for IPO". Private Equity News. 11 June 2014. Retrieved 26 May 2021.