Nibe acquires 70% stake in Hemi Heating AB

Nibe agreed to acquire 70% of the outstanding shares in Hemi Heating AB, a Swedish producer of heating jackets, tents, cables, and fans, with an option to buy the remaining 30%. Hemi Heating has 36 employees and annual revenue of about SEK 20 million.

“Nibe har kommit överens om att förvärva 70 procent av de utestående aktierna i Hemi Heating AB, med möjlighet att senare förvärva de resterande 30 procenten.”evertiq.se

• 2 sources
• evertiq.seNibe förvärvar majoritet av företaget Hemi Heating ABEvertiqMar 7, 2018
• alfalaval.comAlfa Laval has signed an agreement to sell parts of the Greenhouse business to NIBE | Alfa LavalMar 27, 2018

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