# NIBE acquires 60% of Gaumer Company

NIBE Industrier AB acquired 60% of the shares in Gaumer Company Inc., a designer and manufacturer of electric heaters and control systems for power generation, oil & gas, and petrochemical markets. Gaumer will be consolidated into NIBE Element North America effective January 2, 2018.

- Type: Acquisition
- Announced: 2017-12-18
- Where: Houston, Texas, United States
- Jobs: 115
- Status: announced
- Products: electric heaters, heater control panels, liquid fuel gas conditioning systems, integrated heater systems
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [NIBE Industrier](https://endata.com/companies/929.md) (acquirer)
- [Gaumer Company](https://endata.com/companies/28873.md) (target)
- [BriskHeat Corporation](https://endata.com/companies/29382.md) (target)

## Sources

- [nibegroup.com](https://www.nibegroup.com/investors/pm-news-acquisitions-other/2017---news-acquisitions-other/2017-12-18-nibe-industrier-ab-acquires-60-of-the-shares-in-gaumer-company-inc.-based-in-houston-texas.), 2017-12-18: "Gaumer represents another critical step in our strategy to become the leading electric heating systems supplier in North America"
- [hydrocarbonengineering.com](https://www.hydrocarbonengineering.com/petrochemicals/22122017/nibe-to-acquire-shares-in-gaumer/), 2017-12-22: "Gaumer represents another critical step in our strategy to become the leading electric heating systems supplier in North America"
- [nibegroup.com](https://www.nibegroup.com/investors/pm-news-acquisitions-other/2018---news-acquisitions-other/2018-01-15-nibe-industrier-ab-acquires-60-of-the-shares-in-briskheat-corporation-in-usa), 2018-01-15: "BriskHeat represents another key step in our strategy to become the leading electric heating supplier worldwide; this time in the important and growing Semiconductor Industry."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.