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Deal announced Nov 2011 Verified

NIBE holds option to acquire remaining shares of Enertech Global

As part of the stake agreement, NIBE has an option in later years to acquire the remaining shares of Enertech Global, signaling a path to full ownership.

“NIBE has the option in later years to acquire the remaining of shares in Enertech Global as part of the agreement.”

Entities

Enertech Global LLC · Target NIBE Industrier AB · Acquirer
HVAC

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.