Go to deals
Construction & Engineering Services | Other Industries

Energy Technique plc has been acquired by Volution Group plc

The shareholders of Energy Technique plc (ETQ) have sold the company to Volution Group plc for US$13.5 million.

ETQ is a UK-based air conditioning and heating supplier. ETQ’s trading subsidiary, ET Environmental Limited trading as Diffusion, is a designer, manufacturer and distributor of fan coils and commercial heating products to the commercial and residential sectors. Fan coil units, which are manufactured by Diffusion, are a device consisting of a heating or cooling coil and fan for use in heating, ventilation and air conditioning (HVAC) systems installed in residential and commercial buildings.

Volution Group is a leading supplier of ventilation products with primary markets in the UK and Northern Europe. The company operates through two divisions: the Ventilation Group, which primarily supplies ventilation products for residential and commercial construction applications in the UK, the Nordics, the Benelux countries and Germany; and Torin-Sifan, which supplies motors, fans and blowers to OEMs of heating and ventilation products for both residential and commercial construction applications in Europe.

Oaklins Cavendish, based in the UK, advised the seller in this transaction.

Parties

Talk to the deal team

Lord Leigh of  Hurley

Lord Leigh of Hurley

Principal
London, United Kingdom
Oaklins Cavendish
 Andrew  Jeffs

Andrew Jeffs

Partner
London, United Kingdom
Oaklins Cavendish

Related deals

Unica has agreed to acquire the Dutch fire & gas business unit from Dräger
Private Equity | Business Support Services | Construction & Engineering Services

Unica has agreed to acquire the Dutch fire & gas business unit from Dräger

Unica, one of the largest providers of technical services in the Netherlands, has signed an agreement for the acquisition of Dräger's Dutch fire & gas business unit. With this acquisition, Unica strengthens its fire safety portfolio. The acquisition of the specialist in fire and gas detection and fire extinguishing materials results in a deepening and expansion of Unica’s fire safety cluster, a leading player in integrated fire safety solutions with 450 specialists.

Learn more
Grothe Bau has been acquired by TERRAS Tiefbau Group
Private Equity | Construction & Engineering Services

Grothe Bau has been acquired by TERRAS Tiefbau Group

The private shareholder of the civil engineering company Grothe Bau Group has sold a majority stake to the TERRAS Tiefbau Group. With this transaction, the combined group reinforces its market position and future growth potential in the civil engineering sector.

Learn more
Aenza S.A.A. has completed a follow-on
Private Equity | Construction & Engineering Services | Energy | Real Estate

Aenza S.A.A. has completed a follow-on

Aenza S.A.A. has completed af follow-on to prepay part of a recently renegotiated bridge loan.

Learn more