Bitzer Acquires Shell-and-Tube Heat Exchanger Business
Bitzer purchased the shell-and-tube heat exchanger segment from Alva Laval SpA. The products taken over are designed for refrigeration and air-conditioning applications. Bitzer says the products strategically complement its own product lines.
The acquisition makes it the largest independent manufacturer in the shell-and-tube heat exchanger market worldwide, says Bitzer. The company plans to build a state-of-the art laboratory.