LU-VE Group acquires 75% of Refrion for €8.1M

LU-VE Group, a manufacturer of air heat exchangers, has signed a binding agreement to acquire a 75% stake in Refrion S.r.l., an Italian company specializing in adiabatic air heat exchangers, for €8.1 million. The transaction is expected to close within a few weeks.

“LU-VE Group, one of the world's leading manufacturers of air heat exchangers, announces the signing of a binding agreement for the acquisition of a majority stake, equal to 75%, in the company Refrion S.r.l.”investor.luvegroup.com

• 3 sources
• investor.luvegroup.comLUVE LEADERSHIP WITH PASSIONFeb 28, 2022
• investor.luvegroup.comLUVE LEADERSHIP WITH PASSIONMar 31, 2022
• refindustry.comLU-VE finalizes the closing of the acquisition of Refrion Group - RefindustryApr 1, 2022

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