Lu-Ve renames Zyklus to form Lu-Ve US Inc
13th June 2023
USA: Heat exchanger product manufacturer Lu-Ve Group has established Lu-Ve US Inc after renaming the Zyklus Heat Transfer Inc business it acquired in 2018.
Lu-Ve US maintains its headquarters in Jacksonville, Cherokee County, Texas, where it produces heat exchangers for the commercial refrigeration, refrigerated transport, and air conditioning sectors.
Plans are in place to strengthen the Group’s positioning in the North and Central American markets. This incudes the expansion of the factory for the installation of new lines for the production of ventilated products (condensers, gas coolers and dry coolers), which is already underway.
Lu-Ve Group CEO Matteo Liberali described the creation of Lu-Ve US as a further step in the group’s internationalisation strategy. “We want to strengthen our position in the USA, which is the world’s leading market for refrigeration and air conditioning. Our ‘glocal’ growth strategy has led us over the years to invest internationally to serve different local markets,” he said.
Liberali added that Lu-Ve expected to see a rapid development of the US market for exchangers with “European” technology in the coming years, with more attention to environmental impacts and energy consumption.
Related stories:
Lu-Ve acquires US manufacturer Zyklus – 2 July 2018
ITALY/USA: Lu-Ve has expanded in the USA with the acquisition of Texas-based commercial refrigeration heat exchanger manufacturer Zyklus Heat Transfer. Read more…
