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1 History  




2 Operations  




3 References  













Volution Group






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From Wikipedia, the free encyclopedia
  

Volution Group plc
Company typePublic limited company

Traded as

  • FTSE 250 component
    • IndustryVentilation equipment
    Founded2002
    HeadquartersCrawley, West Sussex, United Kingdom

    Key people

    • Paul Hollingworth (chairman)
  • Ronnie George (CEO)
    • RevenueIncrease £328.0 million (2023)[1]

    Operating income

    		Increase £57.1 million (2023)[1]

    Net income

    		Increase £37.4 million (2023)[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

    [edit]

    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

    [edit]

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

    References

    [edit]
    1. ^ a b c "Annual Results 2023" (PDF). Volution Group. Retrieved 13 February 2024.
  • ^ a b "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.
  • ^ a b "TowerBrook's Volution Set for IPO". Private Equity News. 11 June 2014. Retrieved 26 May 2021.

    • Retrieved from "https://en.wikipedia.org/w/index.php?title=Volution_Group&oldid=1207054201"
    Categories: 
    ●Companies in the FTSE 250 Index
     ●ABN AMRO
     ●Companies established in 2002
     ●Companies listed on the London Stock Exchange
     ●2014 initial public offerings
      


    ●This page was last edited on 13 February 2024, at 21:20 (UTC).
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