Volution Group plc
Company typePublic limited company
IndustryVentilation equipment
Founded2002
HeadquartersCrawley, West Sussex, United Kingdom
Key people
  • Paul Hollingworth (chairman)
  • Ronnie George (CEO)
RevenueIncrease £307.7 million (2022)[1]
Increase £50.8 million (2022)[1]
Increase £35.7 million (2022)[1]
Websitewww.volutiongroupplc.com

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

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

The company's brands include Vent-Axia.[2]

References

  1. ^ a b c "Annual Results 2022" (PDF). Volution Group. Retrieved 18 February 2023.
  2. ^ a b "Smiths sells Air Movement and Cable businesses for £125 million". The Engineer. 5 December 2002. Retrieved 26 May 2021.
  3. ^ "ABN in talks to buy Volution for £160 million". The Telegraph. 5 July 2006. Retrieved 26 May 2021.
  4. ^ a b "TowerBrook's Volution Set for IPO". Private Equity News. 11 June 2014. Retrieved 26 May 2021.
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