Wozair in Gillingham takes majority shareholding in Veotec

A heating, ventilation and air-conditioning manufacturer has bought a majority stake in a rival firm.

Privately-owned Wozair, headquartered in Gillingham, has taken a shareholding in Veotec, an international maker of air separation and filtration products.

Wozair, which had a turnover of £39 million in 2016, has operations in Europe, Singapore, Dubai, Korea, USA and Australia.

Air filter manufacturer Veotec has been taken over by Wozair in Gillingham
Air filter manufacturer Veotec has been taken over by Wozair in Gillingham

Owners Paul Azzopardi and Simon Collins welcomed staff at Hampshire-based Veotec into the group highlighting the “considerable product range, design expertise, manufacturing capability and intellectual property”.

In a letter to clients and suppliers, Phil Pendrill and Andrew Russell, directors of Veotec, said: “The purchase is very positive and a major milestone in the growth of the Veotec businesses.

“The 10 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 [heating, ventilation and air-conditioning] equipment for specialist applications.”

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