Volution Group plc Completion of Acquisition (6580D)
23 6월 2023 - 3:00PM
UK Regulatory
TIDMFAN
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
+44 (0) 203 727
FTI Consulting 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
Cautionary statement regarding forward-looking statements
This document may contain forward-looking statements which are
made in good faith and are based on current expectations or
beliefs, as well as assumptions about future events. You can
sometimes, but not always, identify these statements by the use of
a date in the future or such words as "will", "anticipate",
"estimate", "expect", "project", "intend", "plan", "should", "may",
"assume" and other similar words. By their nature, forward-looking
statements are inherently predictive and speculative and involve
risk and uncertainty because they relate to events and depend on
circumstances that will occur in the future. You should not place
undue reliance on these forward-looking statements, which are not a
guarantee of future performance and are subject to factors that
could cause our actual results to differ materially from those
expressed or implied by these statements. The Company undertakes no
obligation to update any forward-looking statements contained in
this document, whether as a result of new information, future
events or otherwise.
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END
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June 23, 2023 02:00 ET (06:00 GMT)
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