We have strengthened our global position as a supplier of components and solutions for measuring, controlling and heating
NIBE Element is one of the leading international manufacturers of components and solutions for measuring, controlling and electric heating applications. NIBE Element’s mission is to supply both manufacturers and users of components and systems within these three areas with solutions that improve the customer’s competitive position. The market consists of two main groups: OEM (Original Equipment Manufacturing), where our product is used as a component in the customer’s own product, and Industry, where the element is used primarily in the customer’s own manufacturing process.
NIBE Element’s product range comprises mainly components and solutions for measuring, controlling and electric heating applications.
The range is gradually being expanded to encompass complete system solutions.
- tubular elements
- aluminium elements
- foil elements
- thick film elements
- PTC elements
- high-power elements
- open spirals
- heating cables
- ceramic elements
- vacuum brazing
- steering and control
Strategy
NIBE Element’s goal is to rank among the world’s leading manufacturers. To do this, it will make appropriate acquisitions to increase the number of domestic markets in which it operates. In these domestic markets it will maintain a local presence and sell a complete range: here, the product programme will be extended to include an increased proportion of so-called “system products” that are used as components in other products, including products for measuring and controlling. Elsewhere the main focus will be on medium to large-scale serial production. Unique special products will be marketed worldwide.
Objective
NIBE Element’s objective is growth of at least 20% per annum, half of it organic, and an operating profit of at least 10% of sales over a complete business cycle.