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Lu-Ve Group acquires US heat exchanger maker Zyklus for $10M · Endata

◂ Announcements

Jun 26, 2018ACQUISITIONJacksonville, Texas, United States

Lu-Ve Group acquires US heat exchanger maker Zyklus for $10M

Lu-Ve Group acquired 100% of Zyklus Heat Transfer Inc, a Texas-based manufacturer of heat exchangers for commercial refrigeration and air conditioning, for $10 million. The deal closed on June 26, 2018.

Value

$10.0M

Status

Completed

Productsheat exchangers

CompaniesLu-Ve acquirer Zyklus Heat Transfer target

Sectors#HVAC and Industrial Refrigeration

“LU-VE S.p.A. annuncia l’acquisizione della società statunitense Zyklus Heat Transfer Inc, attiva nel settore della produzione e commercializzazione di scambiatori di calore.”lamiafinanza.it

3 sources
lamiafinanza.itLu-Ve Group sbarca negli USA: acquisita Zyklus, azienda texana specializzata nella produzione di scambiatori di calore – LMF – LaMiaFinanzaLMF Redazione LaMiaFinanza.itJun 27, 2018
lu-ve.comLU-VE Group announces the acquisition of the US corporation Zyklus Heat Transfer Inc. - LUVENicolò AspesiJun 27, 2018
refindustry.comLU-VE Group acquires Zyklus Heat Transfer Inc. - RefindustryJul 4, 2018

Summarized from public sources; check the original articles before acting on it.

More from Lu-Ve

Dec 15, 2022INVESTMENTMel (Italy), Gliwice (Poland), Jacksonville (USA), Italy$31.8M
Lu-Ve secures €30M loan to expand plants in Italy, Poland and USA
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Dec 15, 2022EXPANSIONGliwice, Upper Silesia, Poland
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Sep 23, 2022EXPANSIONFlumignano and Talmassons, Udine, Italy$9.00Mops Jan 2023
Refrion starts expansion of production plant in Flumignano and Talmassons
Refrion Lu-Ve investor ilnordest.it
Jul 28, 2022ACQUISITIONLimana (Belluno), Italy$9.70M150 jobs
Lu-Ve completes acquisition of Italia Wanbao-ACC via SEST
Lu-Ve acquirer Lu-Ve partner marketscreener.com coolingpost.com larpf.fr
Feb 25, 2022ACQUISITIONFlumignano (Udine), Italy$9.10M
LU-VE Group acquires 75% of Refrion for €8.1M
Lu-Ve acquirer Refrion target investor.luvegroup.com refindustry.com
Feb 1, 2022ACQUISITIONFlumignano, Udine, Italy, Italy$6.80M
Lu-Ve submits binding offer for Italian compressor maker Italia Wanbao ACC
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