NIBE Industrier signs agreement to acquire CFL Holding for €640 million

NIBE Industrier AB signed an agreement to acquire CFL Holding BV, a Dutch HVAC company, for an enterprise value of €640 million. The transaction is expected to close on September 1, 2023.

“CFL and NIBE are both household names in climate solutions with a strong heritage, similar business values and culture, as well as a long-term commitment to the industry.”marketscreener.com

• 3 sources
• marketscreener.comNIBE Industrier AB (OM:NIBE B) signed an agreement to acquire CFL Holding BV from Parcom Capital Management B.V., Smile Invest NV and other shareholders for enterprise value ?640 million. | MarketScreenerS&P Capital IQJun 11, 2023
• nibegroup.comNIBE acquires Dutch Group Climate for life (CFL) - NIBE Group EnergyefficencyJun 12, 2023
• siliconcanals.comSweden’s NIBE Industrier acquires Dutch-based Climate for Life in €640M deal: Know more - Silicon CanalsVigneshwar RavichandranJun 14, 2023

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