NIBE agrees to acquire German heat pump maker WATERKOTTE GmbH

NIBE Industrier signed an agreement to acquire 100% of German heat pump manufacturer WATERKOTTE GmbH, which operates in Herne and Georgsmarienhütte in Germany. The purchase price was not disclosed, and consolidation is expected from 1 April 2020. The announcement was made on 10 March 2020.

“NIBE Industrier AB has signed an agreement to acquire 100% of the shares in the German heat pump manufacturer WATERKOTTE GmbH.”nibegroup.com

• 1 source
• nibegroup.comNIBE acquires German heat pump manufacturer WATERKOTTE GmbH - NIBE Group EnergyefficencyMar 10, 2020

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