LU-VE LU-VE: management transactions · Italy · Consob

About LU-VE LU-VE

LU-VE S.p.A. is a leading Italian industrial company in thermal equipment and refrigeration technologies, listed on Borsa Italiana (FTSE MIB) in Italy. The company is headquartered administratively in Uboldo, in the Varese area, and was founded in 1985 by Iginio Liberali following the acquisition of Contardo S.p.A. From that historical base, LU-VE evolved into an international group specialized in heat exchangers and advanced cooling solutions, with an industrial and commercial footprint across Europe, Asia and the Americas. The business has maintained a strong family continuity while progressively strengthening its governance, technical capabilities and global reach. Operationally, LU-VE designs and manufactures solutions for refrigeration, industrial cooling, air conditioning, data centers, power generation and OEM components. Its portfolio includes air coolers, condensers, CO2 gas coolers, liquid coolers, finned-tube heat exchangers, thermo glass doors and IoT-based solutions. This product mix allows the group to serve a wide range of end markets, from food refrigeration and cold storage to more specialized, higher-value technical applications. LU-VE’s competitive position is built on product innovation, energy efficiency, reliability and the ability to tailor solutions to customers’ total cost of ownership requirements. The group presents itself as an international leader in its core niche, supported by an established R&D culture and quality credentials that reinforce customer confidence. LU-VE states that it was the first company in Europe to obtain Eurovent “Certify-All” certification for its entire relevant product range, which remains an important commercial differentiator in industrial HVAC/R markets. Its geographic presence is based on a global network of production and distribution sites, with operations and sales coverage in Europe, Asia and the Americas, enabling local support and shorter lead times for customers. Recent developments have been positive. In 2025, LU-VE reported a stronger order backlog and improving profitability, including record backlog levels and a higher EBITDA margin in the third quarter. The company also highlighted strategic investments in the United States and China to support future growth, while strengthening its position in data center cooling in Northern Europe. On the sustainability front, LU-VE was again recognized among Italy’s “Sustainability Leaders 2025” and continues to pursue ESG targets, including responsible sourcing and emission reduction. For international investors, LU-VE offers exposure to structurally attractive thermal management markets, backed by industrial execution and a long-term innovation profile.