NIBE acquires 51% of Dutch heat pump distributor Nathan Holding

NIBE Industrier agreed to acquire 51% of Nathan Holding B.V., a Benelux distributor of heating and cooling solutions based in Zevenaar, with the remaining shares to follow in two stages. Annual sales are about EUR 50 million; the price was not disclosed.

“NIBE Industrier AB has signed an agreement to acquire 51% of the shares in Dutch company Nathan Holding B.V.”nibegroup.com

• 1 source
• nibegroup.comNIBE acquires Dutch company Nathan Holding B.V. - NIBE Group EnergyefficencyFeb 11, 2020

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