NIBE Group acquisitions in
North Amerika, Asia and Australia

Establishment (E)

NIBE Climate Solutions business area

Year

Company

Country

2011

Enertech Global (10%)

USA

2014

WaterFurnace

USA

2014

Enertech Global (90%)

USA

2016

Climate Control Group

USA

2017

CGC Group of Companies Inc (50%)

Canada

2017

Tempeff North America Ltd (65%)

USA


NIBE Element business area

Year

Company

Country

2004

Calesco Foil Inc (E)

USA

2008

Alpe

Mexico

2011

Element Div of Emerson Electric

USA

2013

Springfield Wire

USA

2014

Wilson Elements

Australia

2015

Marathon Heater

USA

2016

Heatron Inc

USA

2016

Omni Control Technology Inc

USA

2016

Hotwatt Inc

USA

2017

Gaumer Company Inc (60%)

USA

2018

BriskHeat Comp. (60%)

USA

2019

Therm-X of California

USA

2024

Ohmic Resistors Ltd

Australia


NIBE Stoves business area

Year

Company

Country

2016

FPI, Fireplace Products Inc (65%)

Canada

2020

FPI, Fireplace Products Inc (35%)

Canada

2021

Pacific Energy Fireplace Products Inc (10%)

Canada

2022

Pacific Energy Fireplace Products Inc.(41%)

Canada

2023

Miles Industries Ltd

Canada