Crawley-based ventilation products supplier Volution Group (
www.volutiongroupplc.com) has acquired an Australian counterpart in a deal worth almost £15 million.
Ventair is a specialist supplier of air movement products in the Australian residential market, with its head office in Melbourne and warehouses in Melbourne, Brisbane and Perth.
The acquisition is in line with Volution’s strategy to expand by acquiring value-adding businesses in the residential-ventilation market and also in the commercial-ventilation market.
Ventair managing director Gary Purcell, who founded the business 12 years ago, will continue to lead it in Australia.
Ronnie George, Volution chief executive, said: “We are delighted to have acquired Ventair and look forward to welcoming Gary Purcell and his team to the Volution Group.
"We are excited about the opportunity to enlarge our presence in the Australasian region by introducing additional Volution Group product ranges via established routes to market.
“The range of Ventair products, coupled with the existing Volution product range, gives us an attractive and improved port-folio for both the Australian and New Zealand markets.”