NIBE Industrier AB is a Swedish heating, cooling and energy systems manufacturer. [1] [2] They produce domestic stoves, air source heat pumps, ground source heat pumps, as well as other heating and climate control equipment. [3] [4]
The company head office is in Markaryd. [5] The company is a constituent of the OMX Nordic 40. [6]
The company was formed in 1952 by Nils Bernerup (formed from the first two letters of Bernerup's first and last name). [7]
In 2009, the company signed an agreement with Mitsubishi Heavy Industries to produce heat pumps. [8]
In 2016, it was areported that Nibe Industrier had acquired the US based WaterFurnace International, as well as a stock purchase agreement with LSB Industries, Inc. to acquire 100 per cent of LSB's Climate Control Group, Inc. (CCG). [9]