The consolidation plan of LU-VE Group is on

It had been in the air for a while and it became official when the formal announcement was made by the Group CEO Matteo Liberali at the most recent meeting of the sales team in Mestre in June.

The Group rationalization and consolidation plan, which began right after the acquisition of Spirotech in India in September 2016, is taking another important step forward.

All the existing sales forces in the various plants of the Group have been consolidated into two main units, Components and the Cooling Systems.

The Components Unit will deal with expanding the business with OEMs operating in refrigeration, air conditioning and refrigerated transport markets. This unit will promote and sell TGD, HTS, SEST and Spirotech products (2016 turnover € 156.9 million).

For all our partners, the reorganization will have the advantage of providing them with just one contact to coordinate the activities of the various LU-VE brands; they will be able to rely on a more solid structure and have access to a much wider information network.

The Cooling Systems Unit will be dealing with the supply of more complex thermal exchange systems to Mass Market Retailers, large-scale air conditioning plants and close control installations as well as cogeneration plants. This business unit will be promoting LU-VE, AIA and Tecnair brands (€91.5 million in 2016).

Alessandro Ferrandi, who will coordinate the work of both units, will ensure as much as possible that their integration, interaction and combined development goes smoothly.

Alessandro will also carry on in his role as Director of the Cooling Systems Unit, while Michele Ampezzan will head up the Components Unit.

A new marketing support team has been created as well: Giorgio Mainieri will specifically look after these operations for the Components Unit, while Livio Perrotta will do the same for the Cooling Systems Unit.