M&A Deal Summary

Volution Acquires Simx

On March 19, 2018, Volution acquired building materials company Simx for 72M NZD

Acquisition Highlights
  • This is Volution’s 9th transaction in the Building Materials sector.
  • This is Volution’s 0th largest (disclosed) transaction.
  • This is Volution’s 1st transaction in New Zealand.

M&A Deal Summary
Date 2018-03-19
Target Simx
Sector Building Materials
Buyer(s) Volution
Deal Type Add-on Acquisition
Deal Value 72M NZD

Target

Simx

Auckland, New Zealand
Simx Ltd. is a designer, manufacturer and supplier of primarily residential ventilation products to the New Zealand heating, ventilation and air-conditioning market. Simx Ltd. was founded in 1983 and is based in Auckland, New Zealand.

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Buyer(S) 1

Buyer

Volution

Crawley, United Kingdom
Category Company
Founded 2014
Sector Building Materials
Employees1,909
Revenue 328M GBP (2023)
DESCRIPTION

Volution is a manufacturer and distributor of ventilation products. 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. Volution Group was founded in 2014 and is based in Crawley, England.

DEAL STATS #
Overall 10 of 12
Sector (Building Materials) 9 of 11
Type (Add-on Acquisition) 10 of 12
Country (New Zealand) 1 of 1
Year (2018) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-30 VoltAir System AB

Torsby, Sweden

VoltAir System AB is a manufacturer and supplier of centralised heat recovery ventilation systems for residential and commercial purposes, in primarily the new build sector. It develops, manufactures and sells energy efficient air handling units ("AHUs") based on proprietary technology and sold under its own brand. It provides both prefabricated and on-site built AHUs with a reputation for high energy efficiency, low maintenance costs and long service life.

Buy kr80M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-01 AirFan B.V.

Nijverdal, Netherlands

AirFan B.V. is an importer, exporter, supplier and adviser for fans and ventilation systems to the Dutch heating, ventilation and air-conditioning market. AirFan B.V. is based in Nijverdal, Netherlands.

Buy -
Mergr

Product

Company

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