# NIBE Industrier acquires Alfa Laval's district heating/cooling business

NIBE Industrier is acquiring Alfa Laval's business for district heating/cooling systems and hot water systems for commercial use, including the Cetetherm and Uranus brands. The business has around 60 employees and sales of approximately SEK 300 million in 2017.

- Type: Acquisition
- Announced: 2018-03-27
- Where: Sweden
- Jobs: 60
- Status: announced
- Products: district heating/cooling systems, hot water systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Alfa Laval](https://endata.com/companies/306.md) (target)
- [NIBE Industrier](https://endata.com/companies/929.md) (acquirer)

## Sources

- [nibegroup.com](https://www.nibegroup.com/investors/pm-news-acquisitions-other/2018---news-acquisitions-other/2018-03-27-nibe-acquires-alfa-lavals-business-for-district-heating-cooling), 2018-03-27: "The acquisition gives NIBE Climate Solutions additional high-quality products with good business opportunities, and it generates synergies with NIBE’s heat pumps."

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