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Add-on acquisition Closed Jul 2018

Lu-Ve acquires Texas heat exchanger maker Zyklus Heat Transfer

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Relationship map for Lu-Ve acquires Texas heat exchanger maker Zyklus Heat Transferparent ofLu-Ve: PlatformLVLu-VeZyklus Heat Transfer: Operating CompanyZHZyklus Heat Transfer
Operating CompanyPlatform

Parties

Acquirer
Lu-Ve
Platform
Target
Zyklus Heat Transfer
Operating Company
Deal value$10M reported total consideration as reported by marketscreener.com

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

Italy's Lu-Ve acquired Texas-based commercial refrigeration heat exchanger manufacturer Zyklus Heat Transfer as part of its internationalisation strategy, strengthening its North American presence.

Primary source