NIBE Industrier AB acquires Elmatic

NIBE Industrier AB, a Swedish heating systems manufacturer, has acquired Elmatic, a UK-based manufacturer of industrial electric heating elements. The transaction closed on 2 April 2026.

“The move ensures that Elmatic’s 77-year tradition of craftsmanship and specialist manufacturing will continue to thrive, now supported by the resources of a global heating solutions group.”thecfigroup.com

• 1 source
• thecfigroup.comElmatic has been acquired by NIBE Industrier AB - The CFI GroupHanna PluckMay 1, 2026

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