NIBE Group acquisitions

NIBE Stoves business area

Establishment (E)

The Nordic region

Year

Company

Country

1980

Handöl

Sweden

1994

Contura

Sweden

2000

Cronspisen

Sweden

2001

Roslagsspisen

Sweden

2005

Nordpeis AS

Norway

2006

Varde Ovne

Denmark

2008

TermaTech

Denmark

2010

Lotus Heating

Denmark

2021

Westfire

Denmark


Europe

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


North America, Asia and Australia

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