- Business
- Volati AB (VOLO.ST) is a Sweden-based industrial holding company founded in 2003 and headquartered in Stockholm that acquires and develops medium-sized companies with proven business models, leading market positions and strong cash flows at reasonable valuations, with a focus on long-term value creation through active ownership and add-on acquisitions. The Group operates three primary business areas: Salix Group, a Nordic market-leading trading group supplying materials to the construction industry and building hardware stores including tools, machinery, iron, steel, and professional building products; Ettiketto Group, a Nordic market-leading full-service supplier of self-adhesive labels, labelling machines, tickets and packaging solutions; and Industry, encompassing four platforms with market-leading positions in niches such as grain handling systems (Tornum), water damage restoration and dehumidification (Corroventa), concrete products (S:t Eriks) and agricultural machinery (Kellfri). Volati conducts operations across 21 countries primarily in the Nordics and Europe, targeting professional end-markets in construction, manufacturing, agriculture, forestry and labelling, with approximately 2,300 employees and net sales of SEK 8.4 billion. Recent developments include the expansion of credit facilities with Nordea and SEB by SEK 750 million in April 2025 to a total of SEK 3.65 billion, enhancing acquisition capacity following 15 add-on deals since 2022 contributing SEK 2.4 billion in annual revenue; acquisitions in 2024 of Beslag Design AB and Timberman A/S, and five in 2023 including Sweja, Trejon FörsäljningsAB, Gunnar Prefab, JW Installation Ltd and SIMEZA; the establishment of new long-term sustainability targets and joining the Science Based Targets initiative in 2024; and the reorganization in 2022 elevating Ettiketto Group to an independent business area, supporting ongoing bolt-on growth and organic expansion across Europe.