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Platform formation Jun 2014 · North America

NIBE to develop WaterFurnace as North American growth platform

NIBE intends to develop the acquired WaterFurnace business as a growth platform in North America, calling it a bridgehead into the region for its Energy Systems business area.

“NIBE intends to develop the business as a growth platform in North America.”

Entities

NIBE · Acquirer WaterFurnace · Platform
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.