Luvata Buys ECO

Luvata Oy, an industrial solutions company owned by Nordic Capital, has acquired ECO SpA, a portfolio company of Compass Partners European Equity Fund. No financial terms were disclosed. ECO is a Pocenia, Italy-based manufacturer of coils and coolers for the heating, ventilation, air conditioning and refrigeration industries. Baird advised Compass Partners on the sale. www.luvata.com