LU-VE S.p.A. to acquire Alfa Laval's air heat exchanger business for ~€66-67M

LU-VE S.p.A. signed a binding framework agreement to acquire Alfa Laval Group's commercial/industrial air heat exchanger business (Fincoil, Helpman brands) on a cash and debt free basis for an envisaged price between €66.0M and €67.0M, with closing expected in H1 2019.

“LU-VE S.p.A. (“LU-VE”) announces the signing of a binding framework agreement for the acquisition of Alfa Laval Group’s commercial/industrial air heat exchanger business (“AL Air ”).”

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