Saffron Square win highlights robust construction sector
Volution Group plc (LSE: FAN), a leading supplier of ventilation products to the residential construction market, today confirmed that it has won a major contract to deploy its products to a major new London development project.
Volution’s Vent-Axia division will supply Sentinel Kinetic Plus ventilation units for the 414 flats in the Saffron Square development in Croydon.
The Sentinel Kinetic Plus is a cutting-edge mechanical ventilation with heat recovery (MVHR) system designed for larger newbuild properties and light commercial applications. A whole house, multi-room ducted solution, this MVHR system combines supply and extract ventilation in one unit. Warm, moist air is extracted from ‘wet’ rooms through ducting and passed through the heat exchanger before being exhausted to the outside. Fresh incoming air is preheated via the integral heat exchanger which recovers more than 90% of the heat energy that would otherwise be wasted.
Ronnie George, Chief Executive of Volution Group plc said:
“We are delighted to be involved in such an exciting project. Saffron Square is one of a number of major developments we are working on. Heat recovery ventilation is a must for energy efficient developments, reducing excessive moisture in the air, combating condensation and subsequent mould growth and saving money on maintenance and decoration.”
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Notes to Editors
Volution is a leading supplier of ventilation products to the residential construction market in the UK, Sweden and Germany.
The Group sold over 20 million ventilation products and accessories in the financial year ended 31 July 2013. It consists of five key brands, focused primarily on the UK, Swedish and German ventilation markets - Vent-Axia, Manrose, Fresh, PAX and inVENTer – and operates through two divisions: the Ventilation Group, which principally supplies ventilation products for residential construction applications in the UK, Sweden and Germany and ventilation products for commercial construction applications in the UK; 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.
For more information, please go to: www.volutiongroupplc.com