LU-VE finalizes the closing of the acquisition of air heat exchanger division of Alfa Laval
2019-05-02
The purchase price is € 67.1 million – debt and cash free – and subject to review of 2018 EBITDA and customary post-closing adjustments.AL Air is a leading manufacturer of commercial and industrial coolers, primarily for the industrial cooling and industrial refrigeration markets. In 2018, AL Air had sales of € 108.1 million, EBITDA of € 10,3 million and EBIT of € 9.1 million.
