M&A Deal Summary

NIBE Acquires Marathon Heater

On March 20, 2015, NIBE acquired electrical equipment company Marathon Heater

Acquisition Highlights
  • This is NIBE’s 3rd transaction in the Electrical Equipment sector.
  • This is NIBE’s 1st transaction in the United States.
  • This is NIBE’s 1st transaction in Texas.

M&A Deal Summary
Date 2015-03-20
Target Marathon Heater
Sector Electrical Equipment
Buyer(s) NIBE
Deal Type Add-on Acquisition

Target

Marathon Heater

Del Rio, Texas, United States
Marathon Heater, Inc. is a producer of high quality specialty heating elements for advanced industries.

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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 3 of 7
Sector (Electrical Equipment) 3 of 6
Type (Add-on Acquisition) 2 of 4
State (Texas) 1 of 1
Country (United States) 1 of 3
Year (2015) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-28 Akvaterm Oy

Kokkola, Finland

Akvaterm Oy is a manufacturer of accumulator tanks as well as cold storage tanks and special tanks.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-01 Akvaterm Oy

Kokkola, Finland

Akvaterm Oy is a manufacturer of accumulator tanks as well as cold storage tanks and special tanks.

Buy -
Mergr

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