Grand Capital has sold VoltAir System AB (VoltAir) to Volution Group plc.
Based in Torsby, Sweden, VoltAir is a manufacturer and supplier of centralized heat recovery ventilation systems for residential and commercial applications. The company develops, manufactures and sells energy efficient air handling units (AHUs) based on proprietary technology and under its own brand. VoltAir provides both prefabricated and on-site built AHUs with a reputation for high energy efficiency, low maintenance costs and long service life.
Volution Group is a leading supplier of ventilation products to the residential and commercial construction markets in the UK, the Nordics and Central Europe. The group operates through two divisions: the ventilation group consisting of 12 key brands, and the OEM division that supplies motors, fans and blowers to OEMs of heating and ventilation products.
Grand Capital is a Sweden-based investment company focusing on small mid-cap investments in various industries.
Oaklins' team in Sweden acted as the exclusive financial advisor to the owners of VoltAir System in the sale to Volution Group, identified by UK-based Oaklins Cavendish. This is another example of the strength of Oaklins' teams working together to provide the best possible M&A advice.
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