Grand Capital has sold VoltAir System AB to Volution Group plc
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.
Talk to the deal team
Lord Leigh of Hurley
Oaklins Cavendish
Related deals
iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.
Learn moreChequers Capital has acquired Gourmet Italian Food to strengthen presence in the ready meals sector
Chequers Partenaires S.A., acting as the management company of the private equity fund Chequers Capital XVIII SLP, together with management, has completed the acquisition of 100% of the share capital of Gourmet Italian Food S.p.A. (GIF). The company was previously owned by Alcedo SGR S.p.A. through the Alcedo IV Fund, FVS SGR S.p.A. through the Sviluppo PMI Fund, and minority shareholders.
Learn moreHe-Man Dual Controls has been acquired by Lagercrantz UK Limited
Lagercrantz UK Limited has acquired 100% of the shares in HM Holding Limited (He-Man Dual Controls), a leader in supplemental control systems for vehicles.
Learn more