Volution Group
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.
 | |
| Type | Public limited company |
|---|---|
| Industry | Ventilation equipment |
| Founded | 2002 |
| Headquarters | Crawley, West Sussex, United Kingdom |
Key people |
|
| Revenue |  £307.7 million (2022)[1] |
| £50.8 million (2022)[1] | |
| £35.7 million (2022)[1] | |
| Website | www |
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]
References
- "Annual Results 2022" (PDF). Volution Group. Retrieved 18 February 2023.
- "Smiths sells Air Movement and Cable businesses for £125 million". The Engineer. 5 December 2002. Retrieved 26 May 2021.
- "ABN in talks to buy Volution for £160 million". The Telegraph. 5 July 2006. Retrieved 26 May 2021.
- "TowerBrook's Volution Set for IPO". Private Equity News. 11 June 2014. Retrieved 26 May 2021.
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