# 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.

- Type: Acquisition
- Announced: 2018-06-26
- Where: Jacksonville, Texas, United States
- Value: $10.0M
- Status: completed
- Products: heat exchangers
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Lu-Ve](https://endata.com/companies/8868.md) (acquirer)
- [Zyklus Heat Transfer](https://endata.com/companies/32780.md) (target)

## Sources

- [lamiafinanza.it](https://www.lamiafinanza.it/2018/06/lu-ve-group-sbarca-negli-usa-acquisita-zyklus-azienda-texana-specializzata-nella-produzione-di-scambiatori-di-calore/), 2018-06-27: "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."
- [lu-ve.com](https://lu-ve.com/news/lu-ve-group-announces-the-acquisition-of-the-us-corporation-zyklus-heat-transfer-inc/), 2018-06-27: "Zyklus’s acquisition is another important step in the strategy of internationalization of the Group."
- [refindustry.com](https://refindustry.com/news/lu-ve-group-acquires-zyklus-heat-transfer-inc/), 2018-07-04: "Zyklus’s acquisition is another important step in the strategy of internationalization of the Group"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.