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Mitsubishi Materials Corporation completed the acquisition of Luvata's Special Products division from funds managed by Nordic Capital. The transaction closed on May 2, 2017, and aims to accelerate MMC's global copper-processing business expansion.
Modine Manufacturing Company completed its acquisition of Luvata Heat Transfer Solutions for approximately $418 million, adding the world's largest supplier of coils and coatings to the HVAC&R industry.