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Majority stake · Closed Nov 2014 Verified

NIBE acquires remaining 90% of geothermal heat pump maker Enertech Global

Relationship map

Relationship map for NIBE acquires remaining 90% of geothermal heat pump maker Enertech Globalparent ofNIBE Industrier AB: Operating CompanyNINIBE Industrier ABEnertech Global LLC: Operating CompanyEnertech Global LLC
Operating Company

Parties
Acquirer
NIBE Industrier AB
Operating Company
Target
Enertech Global LLC
Operating Company

Summary

Swedish manufacturer NIBE acquired the remaining 90% of North American geothermal heat pump maker Enertech Global LLC, having held a 10% interest since November 2011.