Volution : Vent-Axia Celebrates 80 Years of Innovation

Volution Group plc (LSE: FAN; 'the Group' or 'Volution'), a leading supplier of ventilation products to the residential and commercial construction markets, today announces that Vent-Axia the UK's leading ventilation company is celebrating 80 years of innovation. Founded by Joe Akester in 1936 when he invented the world's first electrically-operated window fan Vent-Axia has been a leading British manufacturer ever since. The Vent-Axia brand has become a household name featuring annually in the UK Superbrands league table and holding the prestigious Royal Warrant.

On Friday 9 September 2016, Vent-Axia celebrated its 80th anniversary at its headquarters in Fleming Way, Crawley, West Sussex. To honour the occasion Henry Smith MP for Crawley and The Worshipful, the Mayor of Crawley, Councillor Raj Sharma, took part in a celebration ceremony where Vent-Axia buried a time capsule in its grounds to mark the company's 80th Anniversary.

'We are delighted to be celebrating our 80th Anniversary at Vent-Axia. From the very beginning, with Joe Akester's invention of the world's first electrically-operated window fan, Vent-Axia has been a company built on innovation. We have continued this ethos over the years, developing, expanding and innovating to create the very best in ventilation. This is a tradition that we are very proud to continue today with launch of our latest best in class products, as we look forward to the next 80 years ahead,' said Mark Hoskins, Managing Director at Vent-Axia.

Speaking at the event Henry Smith MP said: 'I am thrilled that Vent-Axia, an innovative, locally based, world-class company, is celebrating its 80th Anniversary. I am proud that this iconic and historic business continues to manufacturer in Crawley and wish the company continued success over the next 80 years and beyond.'

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Enquiries:

Volution Group plc
Ronnie George, Chief Executive Officer
+44 (0) 1293 441501

Ian Dew, Chief Financial Officer
+44 (0) 1293 441536

Tulchan Communications
James Macey White
Matt Low
+44 (0) 207 353 4200

Note to Editors:

Volution Group plc (LSE: FAN) is a leading supplier of ventilation products to the residential and commercial construction market in the UK and northern Europe.

The Group sold approximately 22 million ventilation products and accessories in the twelve months ended 31 July 2016. The Volution Group operates through two divisions: the Ventilation Group and the OEM (Torin-Sifan) division. The Ventilation Group consists of 11 key brands - Vent-Axia, Manrose, Diffusion, National Ventilation, Airtech, Fresh, PAX, Welair, inVENTer, Brüggemann and Ventilair, focused primarily on the UK, Nordic and central European ventilation markets. The Ventilation Group principally supplies ventilation products for residential and commercial ventilation applications. The OEM (Torin-Sifan) division, supplies motors, fans and blowers to OEMs of heating and ventilation products for both residential and commercial construction applications in Europe.

For more information, please go to: http://www.volutiongroupplc.com/