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Deal closed Nov 2011 · Greenville, IL Verified

NIBE Industrier acquires 10% stake in Enertech Global with option for remainder

NIBE Industrier AB acquired a 10% share in Enertech Global LLC, a North American geothermal heat pump maker, with an option to acquire the remaining shares in later years, expanding NIBE's North American presence.

“[NIBE Industrier AB](http://www.nibe.com/en/ "NIBE Industrier AB") has acquired a 10% share in [Enertech Global LLC](http://www.enertechmfg.com/ "Enertech Global LLC").”

Entities

Enertech Global LLC · Target NIBE Industrier AB · Acquirer
HVAC

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