NIBE Group acquisitions in Europe

Establishment (E)

NIBE Stoves business area

Year

Company

Country

2005

Nordpeis SP z.o.o.

Poland

2006

NIBE Foyers (E)

France

2010

NIBE Kamini (E)

Russia

2013

Stovax Heating Group (60%)

UK

2016

Stovax Heating Group (40%)

UK

2018

CK Fires Ltd (51%)

UK

2023

Solzaima

Portugal