Alfa Laval to divest air heat exchanger business to Lu-Ve for ~EUR 66m

Alfa Laval is selling major parts of its commercial/industrial air heat exchanger business (AL Air, including Fincoil and Helpman brands) to Italy's Lu-Ve for around EUR 66m, affecting around 400 employees. Part of a series of heat exchanger divestments.

“Alfa Laval is to sell major parts of its commercial/industrial air heat exchanger business to Italian company Lu-Ve for around €66m.”

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