NIBE expanding in North America via successive acquisitions

NIBE frames the Enertech acquisition as a logical step in its North American expansion following its acquisition of WaterFurnace Renewable Energy earlier in 2014, indicating a buy-and-build expansion strategy.

“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”

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