Volati, through its platform Corroventa, has entered into an agreement to acquire all shares in Tramex, a leader in the design and manufacture of professional moisture meters. The acquisition marks the first add-on for Corroventa, broadening the platform's offering in moisture detection and control within the water damage restoration and construction markets. Tramex has annual revenues of approximately SEK 90 million and an adjusted EBITA margin of approximately 20 percent, contributing to strengthened margins for Corroventa.
Founded in 1974 and headquartered in County Wicklow, Ireland, Tramex has a strong heritage of innovation and developed the world’s first non-destructive moisture meters. Its broad, high-quality product portfolio spans building inspection, flooring, roofing, water damage restoration, indoor air quality, and wood and concrete applications, backed by strong customer service and technical expertise. Tramex adds a comprehensive range of measurement instruments to the platform, while Corroventa contributes reliable drying solutions.
For Corroventa, this acquisition is an important step in strengthening our platform and expanding our capabilities within moisture detection and control. The combination of strong premium brands, complementary offerings, and shared expertise creates a compelling value proposition for our customers.
Gregorio Zuazu Vela
Interim CEO of Corroventa
This is the first add-on acquisition for Corroventa and an important milestone. It shows our model at work, strengthening our platforms with complementary businesses like Tramex.
Andreas Stenbäck
CEO of Volati
Acquisitions are a central part of Volati's strategy for creating long-term value. The ambition is to develop the businesses into larger and stronger platforms through organic growth, operational improvements, and add-on acquisitions, both in the Nordics and the rest of Europe. Tramex is Volati's third add-on acquisition in the past twelve months; together, these acquisitions have added approximately SEK 575 million in annual revenue.