Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with a few weeks of delay.
Alfa Laval divests a major part of its Greenhouse division
May 1, 2019

Alfa Laval has completed the spin-off of its air heat exchanger business, related to commercial/industrial air heat exchangers. The buyer is the large Italy-based LU-VE Group. The business being divested reported sales of SEK 1.1bn with EBIT of SEK 94.6m. The payment at closing will be EUR 43.6m, reflecting an EV/EBIT multiple of 4.9x.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
Our insights have been covered by: