NIBE Group acquisitions

NIBE Climate Solutions business area

Establishment (E)

The Nordic region

Year

Company

Country

1995

Vølund Varmeteknik

Denmark

1996

TMV-Pannan

Sweden

1997

Energiprodukter i Diö

Sweden

1998

Lodam Energy

Denmark

1999

Haato Varaajat

Finland

2003

METRO THERM

Denmark

2003

NETEK

Denmark

2004

Kaukora

Finland

2006

Naturenergi Iwabo

Sweden

2009

Sol- och Energiteknik

Sweden

2010

ABK (50%)

Norway

2012

Akvaterm (70%)

Finland

2015

Akvaterm (30%)

Finland

2016

Air-Site (50%)

Sweden

2018

Alfa Lavals verksamhet inom fjärr-värme/kyla

Sweden

2020

VEÅ (60%)

Sweden

Europe

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


North Amerika, Asia and Australia

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