NIBE Group acquisitions in Europe

Establishment (E)

NIBE Climate Solutions business area

Year

Company

Country

1997

Energy Systems (E)

Poland

2000

Biawar

Poland

2001

Heise Systemtechnik

Germany

2003

Energietechniek B.V. (E)

Netherlands

2006

DZD

Czech Republic

2006

NIBE Energy Systems (E)

UK

2007

CJSC Evan (25%)

Russia

2008

KNV Energietechnik

Austria

2008

CJSC Evan (26%)

Russia

2008

Wärmetechnik (E)

Switzerland

2009

CJSC Evan (24%)

Russia

2011

CJSC Evan

Russia

2011

Schulthess Group (98.7%)

Switzerland

2012

Schultess Group (1.3%)

Switzerland

2014

Technibel

France

2016

Enertech Group

UK/Sweden

2017

Rhoss S.p.A. (45%)

Italy

2019

Rhoss S.p.A. (55%)

Italy

2019

TIKI Group

Serbia

2019

Üntes (50%)

Turkey

2020

Nathan Holdning B.V. (51%)

Netherlands

2020

Waterkotte GmbH

Germany

2021

Go Geothermal Ltd

UK

2022

Argoclima S.p.A.

Italy

2023

Climate for Life

Netherlands


Change in ownership


Year

Company

Country

2011

Schulthess Group (51%)

Switzerland

2022

Schulthess Group (26%)

Switzerland


NIBE Element business area

Year

Company

Country

1994

OBR (32%)

Poland

1997

OBR (68%)

Poland

2000

FER

Italy

2000

ETA

Czech Republic

2000

Eltop

Czech Republic

2003

REBA

Italy

2003

Sinus Bobé

Netherlands

2003

Facsa

Spain

2004

Shel

UK

2006

Heatrod Element

UK

2011

Thermtec ltd

UK

2011

Element Div of Electrolux Prof

Switzerland

2014

Askoma

Switzerland

2016

ATE Electronics

Italy

2017

E.Braude Ltd

UK

2017

HT S.p.A (80%)

Italy

2018

EMIN Group (51%)

Turkey

2019

Rotterdamse Elementen

Netherlands

2020

Elektrotermija

Serbia

2020

Jac. de Vries Gesta

Netherlands

2020

Heatinggroup International B.V.

Netherlands

2020

Termotech s.r.l. (87,5%)

Italy

2021

Heat Trace Ltd

UK

2022

ELMESS-Klöpper Group

Germany

2023

Ceramicx

Ireland

2023

P.G.R. Partners

Belgium

2024

Heat Trace Engineering Solutions S.L.

Spain


NIBE Stoves business area

Year

Company

Country

2005

Nordpeis SP z.o.o.

Poland

2006

NIBE Foyers (E)

France

2010

NIBE Kamini (E)

Russia

2013

Stovax Heating Group (60%)

UK

2016

Stovax Heating Group (40%)

UK

2018

CK Fires Ltd (51%)

UK

2023

Solzaima

Portugal