2018/12/12 - LU-VE Group has signed an agreement to acquire Alfa Laval Group’s commercial/industrial air heat exchanger business.
The acquisition of Alfa Laval’s part of air heat exchanger business, related to commercial/industrial air heat exchangers, goes entirely in line with LU-VE Group’s strategic initiatives and enhances the development potential since the acquisition of AIA, LU-VE Sweden in 2012.
“The acquisition secures valuable engineering and know-how as well as strengthening our presence in both the global and the Nordic market”, says Paul Falck, VD at AIA, LU-VE Sweden AB.