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Volution Group plc is a manufacturer of ventilation equipment for commercial and residential customers. Based in
Crawley Crawley () is a large town and borough in West Sussex, England. It is south of London, north of Brighton and Hove, and north-east of the county town of Chichester. Crawley covers an area of and had a population of 106,597 at the time of th ...
, West Sussex, the company is listed on the London Stock Exchange and is a constituent of the
FTSE 250 Index The FTSE 250 Index ( "Footsie") is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from the index occur quarterly in March, June, Septemb ...
.


History

The company was established as a separate entity when HSBC Private Equity acquired the Air Movement and Cable Management businesses of
Smiths Group Smiths Group plc is a British, multinational, diversified engineering business headquartered in London, England. It operates in over 50 countries and employs 14,600 staff. Smiths Group has its origins in a jewellery shop, ''S Smith & Sons'', ...
for £125 million in December 2002. It was acquired by ABN AMRO in July 2006 and by
TowerBrook Capital Partners TowerBrook Capital Partners, L.P. is an investment management firm headquartered in London and New York City. TowerBrook spun out of Soros Fund Management in 2005 and became known for acquiring majority stakes in companies such as Jimmy Choo. Man ...
in February 2012. It was then the subject of an initial public offering on the London Stock Exchange in June 2014.


Operations

The company's brands include
Vent-Axia Vent-Axia is a British manufacturer of ventilation, heating and air conditioning equipment, located in Manor Royal, Crawley, West Sussex. History The company was originally incorporated on 28 January 1933, and as Vent-Axia Limited private company ...
.


References

{{FTSE 250 Index constituents ABN AMRO Companies established in 2002 Companies listed on the London Stock Exchange 2014 initial public offerings