(January 27, 2009)
Since the August 2007 acquisition of ECO SpA, Luvata Group has been working to unite the significant forces of ECO, Heatcraft, Coiltech and ElectroFin. The actions have included a rationalization of some of the most famous HVACR brands under the newly-named “Luvata Heat Transfer Solutions” division. In turnover, the division is the world’s largest coils-and-coolers manufacturer.
The united division is the result of almost half a century of development and acquisition. Many major brands have been a part of that journey, which has matured into a single, global division serving all the major HVAC&R markets under the Luvata name. Some of those brands carry a lot of equity in their markets and are being retained at a product level in Luvata’s brand strategy. The division complements Luvata’s Rolled Products, Special Products and ACR Tubes divisions.
Effective January 1, 2009 all “ECO Group” companies will change their company names to be “Luvata”. ECO Srl (with its 3 Italian sites in Pocenia, Amaro and San Vito al Tagliamento), ECO Wärmeaustauscher GmbH (Kötschach–Mauthen, Austria), ECO Refrigeración Ibérica S.A. (Guadalajara, Spain), Coiltech AB (Söderköping, Sweden) and Wuxi ECO Coils & Coolers Co., Ltd (Wuxi, China) will turn to be named Luvata Italy Srl, Luvata Gailtal GmbH, Luvata Guadalajara S.A., Luvata Söderköping AB, Luvata Heat Transfer Solutions (Wuxi) Co., Ltd. respectively. Moreover, in order to fit with the new division name, also Zhongshan will change its name into Luvata Heat Transfer Solutions (Zhongshan) Co., Ltd.
Hannu Wahlroos, Executive Vice-President of the renamed “Heat Transfer Solutions” division commented: “This was an emotional decision when considering the long traditions, values and pride within each of these groups. However, Luvata is committed to optimising its strength in HVACR under one united division and to leverage its position in the industry. This new division name and company names are consistent with the rest of Luvata’s naming strategy in providing a simple description of the value we add to many market sectors.”
|Previous company name
||New company name|
||Pocenia, Amaro and San Vito al Tagliamento, Italy
||Luvata Italy Srl|
|ECO Wärmeaustauscher GmbH
||Luvata Gailtal GmbH|
|ECO Refrigeración Ibérica S.A.
||Luvata Guadalajara S.A.|
||Luvata Söderköping AB|
|Wuxi ECO Coils & Coolers Co., Ltd.
||Luvata Heat Transfer Solutions (Wuxi) Co., Ltd.|
|Luvata Heat Exchangers (Zhongshan) Co., Ltd.
||Luvata Heat Transfer Solutions (Zhongshan) Co., Ltd.|
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Luvata is the leading international metals supplier of solutions, services, components and materials for manufacturing and construction. Luvata’s solutions are used in industries such as power generation, architecture, automotive, transport, medicine, air-conditioning, industrial refrigeration, consumer products and construction. The company’s continued success is attributed to its longevity, technological excellence and strategy of building partnerships beyond metals. Employing over 8,000 staff in 18 countries, Luvata works in partnership with customers such as Siemens, Toyota, CERN, Shaaz, and DWD International.