NIBE acquires remaining 90% of Enertech Global

Swedish heat pump maker NIBE announced it acquired the remaining 90% of North American geothermal heat pump manufacturer Enertech Global, having held a 10% stake since 2011. This follows NIBE's earlier 2014 acquisition of WaterFurnace.

“NIBE, which acquired a 10 percent interest in the company in November 2011, announced that it has acquired the remaining 90 percent of North American geothermal heat pump manufacturer Enertech Global LLC.”

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