Slide 1: Proposed acquisition of Fantech
Proposed acquisition of Fantech Creating a compelling residential and commercial ventilation position in Australasia Volution Group plc
Slide 2: Agreement to acquire Fantech Group in Australasia for AUD$280m
Agreement to acquire Fantech Group in Australasia for AUD $280m • Total consideration of AUD$280 million (debt free, cash free) • AUD$220 million payable on completion and AUD$60 million deferred for 12 months • A leading player in commercial and residential ventilation in Australia and New Zealand
Slide 3: Highlights
Highlights Transaction Financial Compelling strategic overview highlights combination • Attractive valuation: c.8.5x FY24 EBITDA • FY24 (31 March) revenue of AUD$177 • Highly complementary to Group’s existing million and EBITDA of AUD$33.3 million position in Australia and New Zealand • Funded throu
Slide 4: Fantech overview
Fantech overview 1973 1997 Leading Multiple 13 350+ 2,500+ Founded in 1973 as the Air Fantech becomes position in Australian established brands sites, headquartered colleagues customers & Noise Equipment Group part of the Elta Group commercial and serving both distribution in new (2021) – over 50 ye
Slide 5: Volution in Australasia
Volution in Australasia 2018 2024 Post acquisition Acquired SIMX in New Zealand (March 2018) Acquired Ventair March 2019 (AUD$26.9 million) for NZ$72 million and DVS in August 2023 (NZ$18 million) New Zealand residential refurbishment Leaders in New Zealand residential refurbishment ventilation lead
Slide 6: Key takeaways
Key takeaways Volution’s 21st Expands Volution’s Attractive valuation Earnings accretive Volution Group key acquisition since successful regional (c.8.5x EBITDA) immediately upon financial metrics IPO in 2014, and presence to create and financial completion maintained post largest to date a leading
Slide 7: Thank you Q&A
Thank you Q&A Volution Group plc 7 Image to be supplied and cut-out
Slide 8: Disclaimer
Disclaimer This presentation has been prepared by Volution Group plc (“Volution” or the “Group”) for information purposes only. For the purposes of the following disclaimers, references to this “document” shall mean this presentation and shall be deemed to include references to the related speeches
Slide 9: Annex - Projects
Appendix Annex – Projects - Projects Spark Data Center, Tugun Bypass, Tugun, S.Australian Desalination Victorian Cancer Centre, Auckland Queensland Plant, Adelaide, S.Australia Melbourne, Victoria Victoria 132-172 132-172 Smith Street, University University of Joondalup, Nadi Nadi Airport, Nadi, Vit
Slide 10: Key Product Applications
Key Product Applications Applications Residential buildings Commercial buildings Specialist Applications Houses, Apartments, Hotels and Care Workplaces, Airports, Shopping Centres and More Tunnels, Car Parks, Fume, Agriculture and More Air Handling Units Volution Group plc 10 8