NIBE Group acquisitions in Europe

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