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Pin to quick picksVolution Group PLS Regulatory News (FAN)

Share Price Information for Volution Group PLS (FAN)

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Share Price: 434.00
Bid: 431.00
Ask: 433.50
Change: -10.50 (-2.36%)
Spread: 2.50 (0.58%)
Open: 450.00
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Low: 430.00
Prev. Close: 444.50
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Acquisition

11 May 2016 07:00

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 £8.5 million (based on UK GAAP) for the year ended 31 March 2015.

 

 

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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
 
 
ACQEANSEFDAKEFF
Date   Source Headline
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