LU-VE Group Awards 98 Scholarships to Foster Young Talent
LU-VE Group has announced the 23rd edition of its "Ermanno and Chiara Liberali" Scholarship program, awarding 98 scholarships worth approximately €190,000 to the children of its employees. This marks an increase from €145,000 in 2023 and highlights LU-VE’s ongoing commitment to supporting education and excellence. The scholarships are given to deserving students from universities and
LU-VE Group Expands Tianmen Plant to Meet Growing Demand in China
LU-VE Group, a leading multinational in the air heat exchanger sector, has doubled the size of its Tianmen production plant in Hubei Province, China. The expansion increases the plant’s area from 19,000 square meters to over 43,000 square meters, including 6,640 square meters dedicated to finished product storage. This development aligns with the Group's international
LU-VE Group Expands American Plant to Boost Production
LU-VE Group celebrated the groundbreaking of a 19,000 sqm expansion at its Jacksonville, TX, USA factory. This development aims to localize dry coolers for data centers and power generation and enhance solutions for sustainable refrigerants like CO2 and NH3, catering to supermarkets, food services, food retail, and HVAC. Shipments to LU-VE USA customers will commence
LU-VE Group Acquires Remaining 25% Stake in Refrion S.r.l.
LU-VE Group, a leading air heat exchanger manufacturer, has completed the acquisition of the remaining 25% of its subsidiary, Refrion S.r.l., based in Flumignano, Udine. The company announced the closure of this transaction. Following the initial purchase of 75% in February 2022, LU-VE Group retained the option to buy the outstanding share within five years.
Merger of Sest S.p.A. and Air Hex Alonte S.r.l. at LU-VE S.p.A. was approved
LU-VE S.p.A. announces that the Board of Directors has approved the merger of its wholly owned subsidiaries Sest S.p.A. ("Sest") and Air Hex Alonte S.r.l. ("AHA") into LU-VE, in accordance with the Company’s Articles of Association and pursuant to a respective plan of joint merger. This decision was also approved by the shareholders' meetings of
LU-VE Group: awards for sustainability and workplace safety strategies
LU-VE Group, the Varese-based multinational leader in the air heat exchanger sector, continues to stand out for its commitment to sustainability, training, and workplace safety. For the fourth consecutive year, the company receives the “Sustainability Leader” award. In 2024, LU-VE has been selected to be among the top 240 Italian companies in the ESG (Environmental,
LU-VE Group: Turnover at € 617.3 M, in line with 2022
LU-VE Group approved the consolidated financial report as of 31 December 2023: • turnover: €617.3 million (-0.2% compared to 2022), with volumes and prices in line with 2022 • adjusted EBITDA: €80.1 million, 13% of turnover (+1.7%) • net profit (adjusted for extraordinary revenues and costs): €40.7 million (+5.5%) • orders
LU-VE Group is confirmed as one of the “Most Climate-Conscious Companies”
For the third year in a row, LU-VE Group is confirmed as one of the "Most Climate-Conscious Companies". The Varese-based multinational, listed on the Euronext Star Milan segment, one of the world's largest operators in the air heat exchanger sector, is numbered among the companies that have most distinguished themselves for their commitment to reducing
LU-VE Group wins the “Silk Road” Award
LU-VE Group has received the “Silk Road” award as part of the China Awards 2023, now in its eighteenth edition, for the long and significant path of growth and development over the years on the Chinese market. For LU-VE this is the fourth consecutive “Silk Road” award (2020-2023) - after the three already obtained in
LU-VE Group was among the three finalists in the fifth edition of the “Sustainability Report Award”
LU-VE Group was among the three finalists in the fifth edition of the "Sustainability Report Award", hosted by the Department of Economics and Business Sciences of the University of Pavia, together with the Italian Society of Teachers of Accounting and Business Economics (SIDREA), STEAMiamoci, Banco Desio and LSEG. In the "Large Companies" category (up to
AlfaBlue BC condensers by Lu-Ve
The AlfaBlue BC series is a wide range of heavy-duty air cooled condensers for air conditioning and refrigeration applications. Blue condensers are available for both horizontal and vertical airflow, either in single (BCM) or dual (BCD) coil execution. Main characteristics AlfaBlue BC Standard configuration Coil An innovative coil design provides excellent heat transfer at minimal
New TGD door
TGD, a LU-VE Group company specializing in the production of glass doors and closing systems for refrigerated display counters and cabinets and IoT mirrors for special applications and digital signage, is pleased to present the new O Energy Hyper Vision door. This is a new low-consumption door with increased visibility thanks to the reduced thickness