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Lu-Ve secures €30M loan to expand plants in Italy, Poland and USA · Endata

◂ Announcements

Dec 15, 2022INVESTMENTMel (Italy), Gliwice (Poland), Jacksonville (USA), Italy

Lu-Ve secures €30M loan to expand plants in Italy, Poland and USA

Lu-Ve has negotiated a €30 million loan with Deutsche Bank to expand production at plants in Mel (Italy), Gliwice (Poland) and Jacksonville (USA). The loan expires in 2028.

Value

$31.8M (30.0M EUR)

Status

Announced

Productsstatic heat exchangersheat pumps

CompaniesLu-Ve Deutsche Bank investor

Sectors#HVAC and Industrial Refrigeration

“Lu-Ve has negotiated a €30m loan with Deutsche Bank aimed at further strengthening its production processes at plants in Italy, Poland and the USA.”coolingpost.com

1 source
coolingpost.com€30m loan to boost production at Lu-Ve plants - Cooling PostNeil EverittDec 15, 2022

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

More from Lu-Ve

Dec 15, 2022EXPANSIONGliwice, Upper Silesia, Poland
LU-VE Group expands Gliwice plant with new production lines
Lu-Ve lu-ve.com
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
Lu-Ve acquirer Italia Wanbao ACC target coolingpost.com lu-ve.com
Jan 30, 2022ACQUISITIONUboldo, Milan, Italy$17.0M43 jobs
Systemair to acquire Tecnair Lv from LU-VE and Monti family for €15 million
Systemair acquirer Lu-Ve partner marketscreener.com globenewswire.com

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