Volution Group plc Acquisition (8549X)
May 11 2016 - 2:00AM
UK Regulatory
TIDMFAN
RNS Number : 8549X
Volution Group plc
11 May 2016
11 May 2016
Volution Group plc
Acquisition of NVA Services Limited
Volution Group plc (LSE: FAN) a leading supplier of ventilation
products to the residential and commercial construction market,
announces that it has completed the acquisition of NVA Services
Limited (trading as National Ventilation and Airtech), a UK
supplier and installer of ventilation products for both residential
and commercial applications. NVA Services Limited generated revenue
of GBP8.5 million (based on UK GAAP) for the year ended 31 March
2015.
-Ends-
Enquiries:
Volution Group plc
Ronnie George, Chief Executive Officer +44 (0) 1293 441501
Ian Dew, Chief Financial Officer +44 (0) 1293 441536
Brunswick +44 (0) 20 7404 5959
volution@brunswickgroup.com
Craig Breheny, Simone Selzer
Note to Editors:
Volution Group plc (LSE: FAN) is a leading supplier of
ventilation products to the residential and commercial construction
market in the UK and northern Europe.
The Group sold approximately 12.5 million ventilation products
and accessories in the six months ended 31 January 2016. The
Volution Group operates through two divisions: the Ventilation
Group and the OEM (Torin-Sifan) division. The Ventilation Group
consists of 9 key brands - Vent-Axia, Manrose, Diffusion, Fresh,
PAX, Welair, inVENTer, Brüggemann and Ventilair, focused primarily
on the UK, Nordic, German and Benelux ventilation markets. The
Ventilation Group principally supplies ventilation products for
residential and commercial ventilation applications. The OEM
(Torin-Sifan) division, supplies motors, fans and blowers to OEMs
of heating and ventilation products for both residential and
commercial construction applications in Europe.
For more information, please go to:
http://www.volutiongroupplc.com/
This information is provided by RNS
The company news service from the London Stock Exchange
END
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