NIBE Industrier AB (NIBE) Overview
Company Headquarters: Irving, Texas, US
Founded: 1790
Workforce: Approximately 15,000
Company Working: NIBE offers solutions for indoor climate control for both, residential and commercial users. It is
one of the important sustainable energy solution providers. It provides domestic heating products, including hot water
pumps for residential and instant hot water without wastage. It is well-established in the markets of Nordic countries
and Northern Europe. NIBE has a worldwide presence and contributes to a smaller carbon footprint and better
utilization of energy. It offers a wide range of eco-friendly, energy-efficient solutions for indoor climate comfort in all
types of infrastructure.
Strategy
The company has been focusing on mergers and acquisitions as in the last two years, it has been expanding its business by acquiring major companies, such as EMIN Group, and CK Fires Ltd. Moreover, the company is strengthening its presence in the emerging economies such as Asia-Pacific.
