Sale of VMI to Volution
VMI France’s leading developer and manufacturer of Ventilation Mécanique par Insufflation (VMI ®), joins Volution UK leader in ventilation
Paris (France), 21 th April 2023,
Financière de Courcelles advised the shareholders of Ventilairsec, a company founded in 1986 and a leading developer and manufacturer of Ventilation Mécanique par Insufflation (VMI®) systems in France, in its merger with the UK-based listed group Volution.
Ventilairsec is a pioneer and leader in the field of indoor air quality (IAQ), and thanks to its strong development over the last few years, Ventilairsec offers superior performance compared to traditional extraction ventilation systems. With a significant growth in turnover of around €10 million by 2022 and a good profitability, Ventilairsec is an innovative company that offers products with differentiating features of fine particle and pollen filtration, connection to heating systems, humidity and CO2 control, and connectivity.
As IAQ requirements and standards are only at the beginning of their definition and deployment at a European level, Michèle Potard – Ventilairsec’s managing shareholder – wished to give the company the means to achieve its ambitions by favouring a sale to a leading UK and European manufacturer.
“This project gives Ventilairsec new perspectives in the residential and commercial ventilation market and prepares it for the international challenges of indoor air quality. Volution is a first class partner, with the industrial and commercial resources to pursue Ventilairsec’s strategy. I am confident that the Ventilairsec team will continue to develop the company with this new ownership and management” says Michèle Potard, President of Ventilairsec.
Michèle Potard expressed her desire to accompany this transition and then to pursue personal activities. Michèle Potard led the recruitment of a new qualified Managing Director with Volution to continue the company’s development.
With a turnover in excess of £300 million, Volution is the UK’s leading ventilation company and has a presence in many EU countries and Australasia. Within Volution Ventilairsec will continue to develop innovative products using VMI technology to improve indoor air quality while benefiting from industrial and commercial synergies.
The Financière de Courcelles team is delighted to have accompanied the shareholders of Ventilairsec in this cross border operation of industrial backing to an international listed group.
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