Milan, 26 October 2023 – LU-VE Group, one of the world's leading manufacturers in the air heat exchanger sector, listed on the Euronext STAR Milan segment, has been awarded the highest award of the 2023 Business Excellence Award.

In addition to the overall Award, the Company also won the award for the Growth and Sustainability category. In 2020, LU-VE Group had already received Special Mention for the Internationalization category.

During the tenth edition of the initiative, promoted by GEA-Management Consultants, Harvard Business Review Italia and Arca Fondi SGR, under the patronage of Borsa Italiana, held today at Palazzo Mezzanotte, LU-VE Group won the overall award thanks to the use of cutting-edge technologies with which it has been able to revolutionize the commercial and industrial refrigeration market.

Matteo Liberali, Chairman and CEO of LU-VE Group, said: "Receiving this award today in front of such a high-level audience and jury is an honour for me and above all a great recognition of the road we have come so far. Forty years ago my father Iginio Liberali founded LU-VE thanks to cutting-edge intuitions that we have cultivated with care and commitment and that over the years have made us a recognized player on the markets globally. This award is therefore the result of what we have wanted to be since its foundation: innovators for the benefit of the market and our stakeholders. I would therefore like to thank all the people who have allowed LU-VE Group to get this far, with the hope of continuing along our path of growth".