Salix Group, an independent business area within Volati, has signed an agreement to acquire Laydex Building Solutions (Laydex), a market-leading player in building materials in Ireland with a strong offering of proprietary and external brands. The acquisition represents a strategic entry into a new market, enabling scalable growth while the business aligns with Salix Group's core operations. Laydex generated approximately SEK 480 million in revenue during the period January 1 to December 31 2025, with a reported EBITA margin of approximately 13 percent, contributing to strengthened margins for Salix Group. The acquisition is Salix Group's second acquisition over the past twelve months.
Since 1995, Laydex has built a broad product portfolio, strong technical expertise, and long-standing customer relationships, establishing the company as a key player in the industry. As a full-service provider offering both proprietary and external brands, as well as technically specialised project solutions, the company demonstrates solid profitability. The business is well aligned with Salix Group's existing business model, while the acquisition also represents an entry into a new geographic market with significant structural growth opportunities.
Ireland is characterised by a continued strong construction sector, a persistent housing shortage, and stable economic conditions - factors that drive demand for building materials over time. The market is considered structurally attractive and provides Salix Group with an opportunity to accelerate its long-term growth in a new region.
Laydex has an experienced management team with a track record of both organic growth and completed acquisitions. For Salix Group, this acquisition represents a new scalable platform, where significant growth can be driven both by the underlying dynamics of the market and through future complementary acquisitions. The positioning is in line with Salix Group's acquisition-driven development model, where strategic acquisitions constitute an important part of long-term value creation.
"The acquisition of Laydex is transformative for Salix Group and represents an important strategic step. We are entering a new market with strong long-term drivers in a sector we know well. Preparations for a potential spin-off and listing of Salix Group are progressing according to plan," comments Andreas Stenbäck, CEO of Volati.
"Laydex strengthens our position as a long-term owner of strong companies we can develop. This acquisition creates new growth opportunities for Salix Group as a whole. We see Laydex as a platform from which we can accelerate both organic and acquisition-driven growth in the coming years. The combination of a growing market, a strong local player, and an established acquisition capability makes this a highly attractive step in our development," comments Martin Hansson CEO of Salix Group.
Growth through acquisitions is a central part of Volati's and Salix Group's strategy to create long-term value growth. The ambition is to develop operations into larger and stonger platforms through organic growth, operational improvements, and add-on acquisitions, both in the Nordic region and across the rest of Europe. The acquisition of Laydex is Volati's third add-on acquisition in the last twelve months, contributing approximately SEK 975 million in total annual revenue.
The acquisition is financed through Volati's existing credit facilities, and the transfer of shares takes place immediately.
Volati AB (publ)
Engelbrektsplan 1, SE-114 34 Stockholm
Tel: +46 8 21 68 40
Email: info@volati.se
Corp. reg. no.: 556555-4317
For further information, please contact:
Martin Hansson, CEO Salix Group, +46 73 345 12 25, martin.hansson@salixgroup.se
Andreas Stenbäck, CEO Volati AB, +46 70 889 09 60, andreas.stenback@volati.se
About Volati
Volati is a Swedish industrial group with the vision to be Sweden's best owner of medium-sized companies. Through value-creating add-on acquisitions and long-term, sustainable company development, Volati has been delivering consistently strong profitable growth since the start in 2003. The Group consists of the business areas Salix Group, Ettiketto Group and Industry, with operations in 20 countries, about 2,300 employees and annual sales of approximately SEK 8.4 billion. Volati's ordinary shares and preference shares are listed on Nasdaq Stockholm. Further information is available at www.volati.se.
