NIBE acquires majority of Enertech Group

NIBE Industrier AB acquired the main parts of Enertech Group, including Enertech Limited and brands Nu-way and CTC, after receiving approval from the Swedish Competition Authority. The acquired group has about 460 employees and 2015 sales of GBP 72.7 million.

“Swedish Competition Authority has today announced its approval of NIBE Industrier AB’s acquisition of the main parts of Enertech Group.”nu-way.co.uk

• 1 source
• nu-way.co.ukNIBE's acquisition of majority in British-owned Enertech Group - Nu-Way - Enertech Groupadmin@nuwayFeb 17, 2017

Summarized from public sources; check the original articles before acting on it.