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Expansion Nov 2014 · North America

NIBE builds North American platform after WaterFurnace acquisition

NIBE positioned the Enertech buyout as a logical step in its North American expansion following its earlier-in-year acquisition of WaterFurnace Renewable Energy.

“For NIBE Energy System’s continued expansion in North America, the acquisition of the remaining interests in Enertech is a logical step after we acquired North American firm WaterFurnace Renewable Energy Inc. earlier this year”

Entities

NIBE Industrier AB · Acquirer WaterFurnace Renewable Energy Inc. · Target
HVAC
Source: www.achrnews.com

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