# Volution Group acquires German ventilation specialist getAir for €40 million

- Link: https://www.directorstalkinterviews.com/volution-group-acquires-german-ventilation-specialist-getair-for-e40-million/4121259158
- Published: 2026-08-04T07:47:16+01:00
- Author: Amilia Stone

**Volution Group Plc** (LON:FAN), a leading international designer and manufacturer
of energy efficient indoor air quality solutions, has acquired getAir GmbH.

Founded in 2014 by Oliver Schmitz and headquartered in Mönchengladbach, Germany,
getAir is a leading provider of decentralised residential heat recovery ventilation
systems to a wide range of primarily German and European OEM customers.

Building regulations in Europe targeting carbon reduction, combined with consumer
demand to reduce energy costs, continue to drive the adoption of energy efficient
ventilation solutions, most notably heat recovery. The acquisition of getAir’s innovative
product portfolio and strong product development capability further strengthens 
Volution’s leadership position in the European residential decentralised heat recovery
ventilation market, and complements Volution’s existing brands and businesses in
the UK, Germany, Netherlands, Slovenia and Croatia. It will be reported as part 
of Volution’s Continental Europe region, and the leadership team will remain with
the business post the acquisition.

Consideration for the acquisition on a cash and debt free basis is €40 million (
approximately £34 million) on completion, funded from Volution’s existing debt facilities.
getAir revenue for the twelve months ending 30 June 2026 (unaudited) was €13.9 million
with adjusted EBITDA of c.€4.0 million. The acquisition will be immediately earnings
accretive and provides additional inorganic revenue momentum for our new financial
year.

> **Ronnie George, Group Chief Executive of Volution, commented:**
> “getAir is a high-quality and growing business with a leading position in decentralised
> heat recovery ventilation in Germany, where it complements our existing InVENTer
> brand. The acquisition further strengthens our residential heat recovery portfolio,
> while also enhancing our product development and innovation capabilities. We are
> delighted to welcome our new getAir colleagues to Volution and look forward to
> building on its impressive growth trajectory.”

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