# LU-VE Group acquires Zyklus Heat Transfer in Texas

LU-VE S.p.A. has acquired Zyklus Heat Transfer Inc, a US heat exchanger manufacturer based in Jacksonville, Texas, for USD 10 million.

- Type: Acquisition
- Announced: 2018-09-12
- 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

- [industriaeformazione.it](https://industriaeformazione.it/2018/09/12/lu-ve-group-sbarca-negli-usa-acquisita-zyklus-azienda-texana-specializzata-nella-produzione-di-scambiatori-di-calore/), 2018-09-12: "L’acquisizione permette a LU-VE Group di avvalersi di una struttura produttiva negli USA, da utilizzare come piattaforma per sviluppare la propria presenza sul mercato statunitense."

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