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Consolidation trend Jan 2019

LU-VE becomes one of three largest global operators via AL Air deal

LU-VE's president states the acquisition makes the group one of the three largest global operators in the air heat exchanger sector, framing it as industry consolidation.

“Thanks to it, the Group is now amongst the three largest global operators in the sector.”

Entities

LU-VE S.p.A. · Acquirer
HVACRefrigeration

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