NIBE Group acquisitions

NIBE Element business area

Establishment (E)

The Nordic region

Year

Company

Country

1983

Backer

Sweden

1994

Backer Oy (E)

Finland

1995

Loval

Finland

1996

Pyrox

Norway

1998

Bröderna Håkansson

Sweden

1998

JEVI

Denmark

1998

Calesco

Sweden

2000

Coates

Norway

2001

Norells

Sweden

2001

S.A.Nielsen

Denmark

2003

Finhohm

Finland

2003

Danotherm (80%)

Denmark

2003

Termos

Norway

2005

K M Jensen

Denmark

2006

Danotherm (20%)

Denmark

2007

Lübecke Rail

Denmark

2009

Bencon

Finland

2010

Lund & Sørensen

Denmark

2012

Structurgruppen

Sweden

2012

Eltwin Group

Denmark

2014

Innotek

Denmark

2015

IC Electronics

Denmark

2018

HemiHeating

Sweden

2023

L/S Control A/S

Denmark

2024

Relek

Sweden


Europe

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


North America, Asia and Australia

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