Bitzer acquires parts of Alfa Laval’s greenhouse business
Bitzer Group has acquired Alfa Laval’s commercial tubular heat exchanger business, currently part of the Greenhouse division. According to the company, from the beginning of May, Bitzer will be the largest independent manufacturer in the shell-and-tube heat exchanger market worldwide.
The commercial tubular heat exchanger business with base in Alonte, Italy, and with focus on the refrigeration and air conditioning market, has been a part of Greenhouse since 2016. The commercial tubular heat exchanger business reported revenues of about $ 14.4 million in 2017.