Timeline for acquisitions and establishments

Since the early 1990s NIBE has made around 50 acquisitions and new establishments.

1949


Nils Bernerup establishes Backer in Sösdala, Sweden

1952


NIls BErnerup creates NIBE-Verken in Markaryd through the acquisition of Ebe-Verken
1955
NIBE starts manufacturing electric water heaters.
1965
Subcontracted production of Handöl´s wood-burning stoves
1969
Backer sets up a subsidiary in Norway.
1980
NIBE acquires Handöl, Sweden.
1989
NIBE Industrier is formed when a number of employees take over Backer Elektro-Värme AB and NIBE-Verken AB
1994    

Energy Systems
Element
Stoves

OBR (32%)
Backer Oy (new establishment)
Contura

Poland
Finland
Sweden

1995   

Energy Systems
NIBE Element

Vølund Varmeteknik
Loval OY

Denmark
Finland

1996   

Energy Systems
Energy Systems

Pyrox
TMV-Panna

Norway
Sweden

1997   

 

Element
Element
Energy Systems

The NIBE share is introduced on the Stockholm Stock Exchange.

NIBE Polska (new establishment)
Backer OBR (68%)
Energi-Produkter i Diö

Poland
Poland
Sweden

1998    

Energy Systems
Element
Element
Element

Lodam Energi
Bröderna Håkansson Värme AB
JEVI A/S
Calesco Foil AB

Denmark
Sweden
Denmark
Sweden

1999   
Energy Systems
Haato Varaajat
Finland
2000   

Energy Systems
Element
Element
Element
Element
Stoves

Biawar
Backer F.E.R
Coates, Norge
Backer CZ
Eltop Praha
Cronspisen AB

Finland
Italy
Norway
Czech Republic.
Sweden

2001



Energy Systems
Element
Element
Stoves

Heise Systemtechnik GmbH
Norells Sweden AB
Svend A. Nielsen A/S
Roslagsspisen

Germany
Denmark
Denmark
Sweden

2002 Element
Stoves

REBA
Jøtul ASA (22%)

Italy
Norway

2003


Energy Systems
Energy Systems
Energy Systems
Element
Element
Element
Element
Element

METRO THERM A/S
NETEK
Energietechniek B.V. (new establishment)
Backer Facsa
Danotherm Electric A/S (80%)
Finohm
Sinus-Bobe
Termos

Denmark
Denmark
Netherlands
Spain
Denmark
Finland
Netherlands
Norway

2004    


Energy Systems
Element
Element
Stoves

Kaukora
Shel
Calesco Foil Inc. (new establishment)
Avyttring Jøtul ASA (22%)

Finland
UK
US
Norway

2005   

Stoves
Element

Northstar AS
K M Jensen

Poland
Denmark

2006    



Energy Systems
Energy Systems
Energy Systems
Element
Element
Stoves
Stoves

DZ Drazice strojírna s.r.o
Naturenergi IWABO AB
NIBE Energy Systems Ltd (new establishment)
Danotherm Electric A/S (20%)
Heatrod Elements
NIBE Foyers France S.A.S. (new establishment)
Varde Ovne A/S

Czech Republic.
Sweden
UK
Denmark
UK
France
Denmark

2007   
Energy Systems
Element

CJSC EVAN (25%)
Lübcke Rail A/S 

Russia
Denmark
2008

Energy Systems
Energy Systems
Energy Systems
Element
Stoves

KNV Umweltgerechte Energietechnik GmbH
CJSC EVAN (26%)
NIBE Wärmetechnik AG (new establishment)
Alpe SA
TermaTech

Austria
Russia
Schwitzerland
Mexico
Denmark

2009    

Energy Systems
Energy Systems
Element

CJSC EVAN (24%)
Sol- & Energiteknik SE AB
Bencon

Russia
Sweden
Finland

2010

Energy Systems
Element
Stoves
Stoves

ABK AS (50%)
Lund & Sørensen A/S
Lotus Heating Systems A/S
NIBE Kamini LLC (new establishment)

Norway
Denmark
Denmark
Russia

2011

 

 

 

NIBE
NIBE
Energy Systems
Energy Systems
Element
Element

Element Divisionen of Emerson Electric Co
Enertech Global LLC (10%)
CJSC Evan (25%)
Schulthess Goup AG
Element Divisionen of Electrolux Professional AG
Thermtec

USA
USA
Russia
Schwitzerland
Schwitzerland
UK

2012

Energy Systems
Element
Energy Systems
Element

remaining 1.3% stake in the Schulthess Group AG
Eltwin Group
Akvaterm Oy
Springfield Wire Inc

Switzerland
Denmark
Finland
USA

2013

Element
Stoves

Eltwin Group
Stovax Heating Group Ltd

DK
UK