NIBE Industrier to acquire LSB's Climate Control Group

NIBE Industrier AB, parent of WaterFurnace, entered a stock purchase agreement with LSB Industries to acquire 100% of LSB's Climate Control Group, a holding entity for six HVAC companies.

“NIBE Industrier AB of Sweden (NIBE), the parent company of Fort Wayne-based geothermal manufacturer [WaterFurnace International](http://www.waterfurnace.com), has announced that it has entered into a stock purchase agreement with LSB Industries, Inc. to acquire 100 per cent of LSB’s Climate Control Group, Inc. (CCG).”

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