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Italy’s LU-VE reports higher 2025 sales and record EBITDA
LU-VE said its 2025 product sales rose 3% to EUR 598.6 million [about USD 646.5 million], while total revenues and operating income increased 2.8% to EUR 605.4 million [about USD 653.8 million]. EBITDA reached a record E...
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LU-VE plant in China obtains HACCP certification
LU-VE Heat Exchanger (Tianmen) Co., Ltd. has obtained HACCP (Hazard Analysis and Critical Control Points) certification for its plant in China. The certification was issued by TÜV NORD CERT GmbH and is valid from 30 Octo...
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LU-VE supplies CO2 evaporators for Tier IV data centre in Spain
LU-VE S.p.A. has supplied evaporators for the cooling system of a 1,000 sq m (about 10,764 sq ft) data centre at the Táctica Business Park in Paterna, Spain, developed by KUMO Networks, a company controlled by El Corte I...
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Refrigeration remains LU-VE’s largest application segment at EUR 296.7 million
LU-VE said its board has approved the integrated annual report for the year ended 31 December 2025, with turnover of EUR 605.4 million, up 2.8% from 2024, and record adjusted EBITDA of EUR 88.7 million, equal to 14.7% of...
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LU-VE appoints Michele Ampezzan CCO for Cooling and Components
LU-VE S.p.A., an air heat exchanger company listed on Euronext STAR Milan, has appointed Michele Ampezzan as Chief Commercial Officer (CCO) for both its “Cooling” (ventilated) and “Components” (static) product lines. The...
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LU-VE Nordics secures €7.45M data center cooling contract in Sweden
LU-VE Group has announced a new contract in the data center segment through its LU-VE Nordics cluster, reinforcing its presence in Northern Europe’s data center cooling market. The order, valued at SEK 81.6 million (appr...
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LU-VE Group wins “Green Road” award at China Awards 2025
LU-VE Group has received the “Green Road” award at the 2025 China Awards, recognizing its environmental sustainability efforts and its contribution to industrial cooperation between Italy and China. Organized by the Ital...
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LU-VE Group recognized by Chinese officials for investment in Hubei
LU-VE Group has been recognized by Chinese institutions as a model of foreign investment during a visit by an institutional delegation from Hubei Province to the company’s headquarters in Uboldo, Italy. The delegation wa...
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LU-VE Group launches GIANTS range production in China after Tianmen plant expansion
LU-VE Group has started production and delivery of its GIANTS product range in China, following a major expansion of its facility in Tianmen, Hubei Province. The move supports the company's international growth strategy ...
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LU-VE Group’s Spirotech plant receives National Export Award in India
LU-VE Group’s Indian subsidiary, Spirotech, has received the National Export Award from the Engineering Export Promotion Council (EEPC), under the Ministry of Commerce, Government of India. The award recognizes Spirotech...
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LU-VE Reports Record EBITDA and Net Profit Growth in 2024
LU-VE Group has announced record financial performance for 2024, with EBITDA reaching €82.5 million (+4.7%) and net profit increasing by 14.2% to €35.8 million, despite a 4.6% drop in sales to €589.1 million. The company...
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LU-VE Group Joins Eurovent Middle East
LU-VE Group, a leader in industrial and commercial refrigeration, has joined the regional association Eurovent Middle East. This move highlights the increasing focus on energy efficiency and sustainability in the sector....