Wozair acquires majority share in air separation and HVAC specialist Veotec


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Veotec Group, an international manufacturer and supplier of air separation, filtration and louvre heating, ventilation and air conditioning (HVAC) products, has been partly acquired by Wozair Ltd.

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In the deal, of which financial details were not disclosed, Wozair has purchased a majority shareholding of Veotec Group’s company shares.

Wozair Ltd is a privately owned international HVAC equipment manufacturer with a turnover of £39m ($50m) in 2016. Headquartered in the UK with operations in Europe, Singapore, Dubai, Korea, the US and Australia, it provides specialist solutions in a diverse range of industrial sectors.

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