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History

Fläkt Woods to FläktGroup

2002-Present

2016 - Following the successful purchase of the Fläkt Woods Group by private equity investment firm Triton, the merger with DencoHappel is now initiated.

2014 – Fläkt Woods acquires majority of the shares of ClimateConsult, a Danish based Company specializing in ventilation and fire safety.

2013 - Fläkt Woods has sold its Global Infrastructure and Industry business to Howden, a subsidiary of the US listed company Colfax.

2012 - Fläkt Woods acquires part of the shares of Iloxair, a Finnish based Company specializing in Energy Recovery Units

2011 - Fläkt Woods sells Symor with related assets and rights to Temet Oy in Finland.

2009 - Fläkt Woods acquires Caryaire Air Management Systems in India and Airchal in France.

2007 - Fläkt Woods acquires SEMCO Incorporated in the USA.

2007 - Fläkt Woods is acquired by Sagard, Barclay's Private Equity, ICG and the management.

2002 - The Fläkt Woods Group is formed. The new group brings together two of the world’s leading names in the ‘Air Movement and Treatment’ industry, namely Fläkt and Woods Air Movement. The group also owns other important brands including, for example, Solyvent Ventec and American Fan.

WOODS HISTORY

1950-2000

Picture: Woods on the Elmia Fair together with Fläkt in 1963, Woods' touring bus in the 50s, the Woods factory between 1937 and 2006, lady winding a motor, Geoffrey Woods.

2000 - Marconi announces the sale of Woods Air Movement to Global Air Movement Holdings Limited a company formed by Compass Capital Partners

1998 - Name Change - From July 1998 Woods of Colchester is now known as Woods Air Movement Limited.

1986 - The American Fan Company is purchased by GEC and joins the Woods ‘family’.

1964 - GEC plc takes complete control of Woods by buying-out the rest of the Woods family.

The 1950s - 500 women moved from East London to wind motors in the Colchester factory. Determined in the process of winding a motor that mens' fingers were too big and clumpy, women were much more able to do the job. Picutre

1909-1949

Picture: Woods develops the first Axial Aerofoil bladed fan in the world.

1947 - Woods develops the first Axial Aerofoil bladed fan range in the world. It has a unique design; based upon aircraft wing and its shape produced pressure.

1945 - GEC invests sufficient capital to gain controlling interest in Woods.

1935 - Maurice’s son Geoffrey took charge of Woods, which now employs about 100 people. Being ambitious, the company is soon employing 360 people.

The 1920s - Making a range of certified range of flameproof motors, Maurice Woods realised that if he added an impeller he had another product to sell: Windy Fan – fan business born.

The 1920s - A range of propeller fans introduced - Windifan.

1909 - Maurice Woods forms a company in Colchester producing single phase motors to suit the various different voltages in use. At this time, the Woods factory had 10 employees.

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