NIBE acquires 51% stake in Therm-X of California

NIBE Industrier AB signed an agreement to acquire 51% of the shares in Therm-X of California, Inc., a developer and manufacturer of temperature sensors and heating elements for the semiconductor industry, with an option to buy the remaining 49%.

“Therm-X represents another step in our strategy to establish ourselves as one of the leading suppliers to the important semiconductor industry, a major growth market with good demand for high-tech solutions.”globenewswire.com

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• globenewswire.comNIBE acquires 51% of shares in Therm-X of California, Inc.Nibe Industrier ABOct 28, 2019

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