Luvata acquires majority stake in AST ElectroFin

Luvata (formerly Outokumpu Copper Products) acquired a 55% majority ownership of AST ElectroFin Inc., a U.S. electrocoater serving HVACR heat-exchanger corrosion protection. Strategic corporate majority-stake acquisition, not a PE-backed home-service roll-up.

“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.”

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