hvacrollups.com
← All signals
Deal closed Jun 2007 · Louisville, Ky. Verified

Luvata acquires 55% majority stake in AST ElectroFin

Luvata (formerly Outokumpu Copper Products) acquired a 55% majority ownership of AST ElectroFin Inc., a Louisville-based electrocoater serving the HVACR heat-exchanger market. The acquired company will be renamed Luvata ElectroFin and operate as a stand-alone business.

“Luvata, formerly known as Outokumpu Copper Products, Middlesex, U.K., acquired a 55 percent majority ownership of AST ElectroFin Inc., Louisville, Ky., a provider of corrosion protection and durability solutions for fin and tube heat exchangers.”

Entities

AST ElectroFin Inc. · Target Luvata · Acquirer Outokumpu Copper Products · Acquirer
OtherRefrigeration

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.