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Majority stake Announced Jun 2014 Verified

NIBE to acquire 100% of WaterFurnace at C$30.60/share

Relationship map

Relationship map for NIBE to acquire 100% of WaterFurnace at C$30.60/shareparent ofNIBE Industrier AB: Operating CompanyNINIBE Industrier ABWaterFurnace Renewable Energy Inc.: PlatformWRWaterFurnace Renewabl…
Operating CompanyPlatform

Parties

Acquirer
NIBE Industrier AB
Operating Company

Summary

NIBE Industrier entered an agreement to acquire 100 percent of WaterFurnace Renewable Energy shares via a Canadian plan of arrangement at C$30.60 cash per share, a 27 percent premium; NIBE's largest North American transaction to date.

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