December 22, 2021

Nordian Capital Partners takes majority stake in Innovent Holding (Econox, Ventilatieland, Innovent)

Eindhoven, December 2021 – After years of impressive growth, producer and supplier of air treatment and ventilation systems Innovent Holding (Econox, Ventilatieland, Innovent) enters into a partnership with investor Nordian Capital Partners. Nordian take a majority stake in the Group to support the Company’s strong growth ambitions.

Innovent Holding assists technical installation companies, construction companies and consumers in creating a healthy indoor climate through the production and supply of ventilation systems and air treatment products. Since 2000, the Company demonstrated impressive growth through its labels Econox, Ventilatieland and Innovent. Its online wholesale activities and web shops are active in the Netherlands, Belgium, Germany and the United Kingdom. Nordian Capital Partners aims to strengthen the Company’s existing international position and support its continued European growth ambitions.

Partnership with Nordian
The choice for Nordian Capital Partners in the next stage of growth was well-considered. Nordian has ample experience in supporting high-growth companies, including wholesalers combining e-commerce activities with production and services. “Our joint aim is to strengthen the market position of Econox, Ventilatieland and Innovent and to further expand the Group across Europe. Through this partnership, Innovent Holding is offered the financial and professional support to accelerate this growth ambition.”, says CEO Sebas van Vugt.

Gregor Beusmans, Partner at Nordian Capital Partners: “Innovent Holding has shown impressive development in recent years, both through growth in the Netherlands and by international expansion. We are excited about the growth opportunities of ventilation market, driven by sustainability and health, as well as the strong position the Group has acquired within this market. We look forward to entering this new phase together with Sebas and his team.”

About Innovent Holding
Innovent Holding (Econox, Ventilatieland and Innovent) is an international producer and supplier of air treatment and ventilation products. A team of over 100 employees is responsible for approximately EUR 35 million in annual sales. In addition to the production of its own brands Thermoduct, Econox and Envisense, the Company represents international quality brands like Ruck Ventilatoren, Itho Daalderop, Orcon en Vent-Axia through its online wholesale channel and web shops. Ventilation systems of Innovent Holding are applied across industries, ranging from residential, utility and industry to education, restaurants and shipping.

About Nordian Capital Partners
Nordian Capital (nordian.nl) is an independent Dutch private equity investor focused on increasing and accelerating the growth of companies. Since its founding in 2014, Nordian has contributed to more than 30 companies as a critical and committed investment partner. Nordian Capital Partners offers proactive support in the areas of strategy, financing and mergers & acquisitions. Nordian does not take the management’s seat but facilitates entrepreneurs to do what they do best: running their business.