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Volution Group to Buy AC Industries for AU$150 Million

MT Newswires·12/10/2025 03:09:52
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03:09 AM EST, 12/10/2025 (MT Newswires) -- Volution Group (FAN.L) agreed to purchase Australian ventilation ducting company AC Industries for AU$150 million on a debt- and cash-free basis. The London-listed indoor air quality technology group said Wednesday that the transaction includes a contingent payment of up to AU$28.9 million, subject to the acquired company's EBITDA for 2027 and 2029. The company added that the target company will be integrated into its Australasian region's Fantech industrial brand. Closing of the deal is slated for February 2026.