NIBE Industrier to acquire 51% of Turkey and Serbia-based EMIN Group

NIBE Industrier AB signed an agreement to acquire 51% of the EMIN Group, a 340-employee maker of fluid coupling systems with operations in Turkey and Serbia, with a call option on a further 29% in 2025. Completion is expected in eight weeks, subject to Turkish competition approval.

“NIBE Industrier AB has signed an agreement to acquire 51% of the EMIN Group with operations in Turkey and Serbia.”nibegroup.com

• 1 source
• nibegroup.comPressrelease NIBE acquires the EMIN Group - NIBE Group – an international groupAug 20, 2018

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