Lu-Ve to acquire Alfa Laval air heat exchanger business for €66M

Alfa Laval is selling major parts of its commercial/industrial air heat exchanger business to Italian company Lu-Ve for around €66 million. The deal includes AL Air brands Fincoil and Helpman and factories in Italy, Finland, and India, affecting about 400 employees.

“This business has made big improvements in the last two years both in terms of growth and profitability.”achrnews.com

• 1 source
• achrnews.comLu-Ve to Acquire Alfa Laval Business | 2019-08-01 | ACHR NewsBy: Matt JachmanAug 1, 2019

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