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Merger Announced Dec 2018 Closed May 2019

Lu-Ve merger

Parties

Target
Lu-Ve
Platform
EBITDA multiple7.35× reported
Stake 95%

Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.

Summary

LU-VE S.p.A. announces the signing of a binding framework agreement for the acquisition of Alfa Laval Group's commercial/industrial air heat exchanger business, known as AL Air, which includes the Fincoil and Helpman brands.