M&A Deal Summary

NIBE Acquires FPI Fireplace Products International

On November 17, 2016, NIBE acquired consumer products company FPI Fireplace Products International

Acquisition Highlights
  • This is NIBE’s 1st transaction in the Consumer Products sector.
  • This is NIBE’s 1st transaction in Canada.
  • This is NIBE’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2016-11-17
Target FPI Fireplace Products International
Sector Consumer Products
Buyer(s) NIBE
Deal Type Add-on Acquisition

Target

FPI Fireplace Products International

Delta, British Columbia, Canada
FPI Fireplace Products International Ltd. is a provider of gas, wood, and pellet fireplaces, inserts and freestanding stoves, through attention to flame, heat, efficiency, safety and quality. FPI manufacturers and distributes the Regency, Hampton, and Greenfire brands of hearth products.

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Buyer(S) 1

Buyer

NIBE

Markaryd, Sweden
Category Company
Founded 1949
Sector Electrical Equipment
Employees22,500
Revenue 46.6B SEK (2023)
DESCRIPTION

NIBE is an international heating technology company. Operations are conducted within three business areas – NIBE Energy Systems, NIBE Element and NIBE Stoves – all of which work according to a single vision of creating world-class solutions in sustainable energy. NIBE was founded in 1949 and is based in Markaryd, Sweden.

DEAL STATS #
Overall 7 of 7
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2016) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-12 The Climate Control Group

Oklahoma City, Pennsylvania, United States

The Climate Control Group, Inc. is a manufacturer of HVAC solutions for commercial and residential applications.

Buy $364M
Mergr

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