LUND, Sweden — Alfa Laval is to sell major parts of its commercial/industrial air heat exchanger business to Italian company Lu-Ve for around €66m.
The AL Air products form the major part of Alfa-Laval’s Greenhouse division, which was established in 2016, along with a few other selected product groups to give it the best possible conditions to improve its performance. Alfa Laval claims that this strategy has been successful with the air heat exchanger business, reporting revenues of more than €97 million during the last twelve months.