Volution Group plc (Ticker: FAN LN), a leading supplier of ventilation products to the residential construction market, has named Liberum as Joint Corporate Broker.
The company operates five key brands - Vent-Axia, Manrose, Fresh, PAX and inVENTer - and is focused primarily on the UK, Swedish and German ventilation markets. It has two divisions. The Ventilation Group principally supplies ventilation products for residential and commercial construction applications and Torin-Sifan supplies motors, fans and blowers.
The company sold approximately 20 million ventilation products and accessories in the financial year ended 31 July 2014.
In June 2014, Liberum acted as joint bookrunner on Volution’s £100m initial public offering on the London Stock Exchange. The IPO attracted a number of high-quality institutional investors, despite volatile market conditions for new issues.
Next Event : Full-year 2014 Results on October 23, 2014
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