The Airvance Group: one family's success story
Founded in February 2020 following an acquisition between the France Air Group and the HVAC branch of the SIG Group, the Airvance Group is an expert in indoor air handling and air quality in buildings. Its CEO, Laurent Dolbeau, represents the 4th generation of this entirely family-run group.
Digital creation and investments during lockdown
Now ranking in the Top 5 of European leaders in the ventilation sector, the Airvance Group was established remotely during lockdown. This digital creation was a challenge that was successfully met thanks to the collaboration of men and women from each company. "We got to know each other and we developed the strategy of the Group and its four brands (France Air, Cairox, Sufix and Saftair) via video-conference. The construction of the Group is now 80% finalised and the Group has reached its cruising speed," stated Laurent Dolbeau.
2020 was still a year full of investments despite the pandemic. The Airvance Group allocated over 5 million Euros to extend its plants in France and Germany, to create a new duct production unit in Saint-Laurent-du-Pape (07), to build a new warehouse and a test laboratory in Beynost (01). This laboratory is dedicated to testing air diffusion and air quality solutions. It is available to all Group subsidiaries.
A very promising start to 2021
The Airvance Group has posted excellent results for the 1st half of 2021, up almost 30% on 2020 and 5 to 10% on 2019. Laurent Dolbeau estimates that the 2021 turnover achieved should reach 500 million Euros, (55% in France and 45% abroad).
The CEO also stated that the Airvance Group's debt reduction programme has reduced its debt by over 30% in 18 months.
Airvance Group key figures