Volution Group

Last updated
Volution Group plc
Company type Public limited company
IndustryVentilation equipment
Founded2002
Headquarters Crawley, West Sussex, United Kingdom
Key people
  • Nigel Lingwood (chairman)
  • Ronnie George (CEO)
RevenueIncrease2.svg £347.6 million (2024) [1]
Increase2.svg £70.4 million (2024) [1]
Increase2.svg £42.8 million (2024) [1]
Website www.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.

Contents

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 UK-based Vent-Axia. [2]

References

  1. 1 2 3 "Annual Results 2024" (PDF). Volution Group. Retrieved 10 February 2025.
  2. 1 2 "Smiths sells Air Movement and Cable businesses for £125 million". The Engineer. 5 December 2002. Archived from the original on 26 May 2021. Retrieved 26 May 2021.
  3. ↑ "ABN in talks to buy Volution for £160 million". The Telegraph. 5 July 2006. Retrieved 26 May 2021.
  4. 1 2 "TowerBrook's Volution Set for IPO". Private Equity News. 11 June 2014. Retrieved 26 May 2021.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.