Major ductwork deal gets OFT approval

The Office of Fair Trading has given approval for the acquisition of CCL Veloduct by Lindab. From 1 January 2007, CCL and the former ventilation division of Lindab will trade as CCL Lindab. The combined management team will be led by joint managing directors David Barker and Geoff Lee. Anders Revin will be financial controller. There are two regional directors — Mike Goodspeed for the north and Iain Robertson for the south. Lindab has over 4500 employees in 28 countries. Its sales of metal products for specialist construction sectors, including rainwater and ventilation goods, exceeded £460 million in 2005. In the UK, the ventilation division of Lindab is a leading player in the ductwork industry. Its range of innovative products includes patented self-sealing systems. CCL was founded in 1986. It has 22 branches nationwide and three major manufacturing plants. To ensure local deliver at competitive prices, CCL Lindab will make spiral ductwork at local centres across the country. Fans will also be a major part of CCL Lindab’s portfolio. The range includes Elta, Systemair, Helios and Vent-Axia.

Related links:

• www.cclveloduct.co.uk/