Hampshire-based Veotec Group, the international manufacturer and supplier of air separation, filtration and louvre HVAC products, has been partly acquired by Wozair.
Wozair, which has bought a majority shareholding in the Veotec Group, is a privately owned international HVAC equipment manufacturer with a turnover of £39m in 2016. Headquartered in the UK with operations in Europe, Singapore, Dubai, Korea, USA and Australia, it provides specialist solutions in a diverse range of industrial sectors including power generation, oil & gas, marine and industrial.
In a letter to clients and suppliers, Veotec directors Phil Pendrill and Andrew Russell said: “The purchase is very positive and a major milestone in the growth of the Veotec businesses. The ten years of product and manufacturing technology development, testing and certification is a great platform for us to continually develop the industry’s most advanced range of HVAC equipment for specialist applications”.