Ambos NBGO assists listed NIBE Industrier AB with acquisition of the Belgian branch of British Enertech Group

Ambos NBGO has assisted the Swedish law firm Delphi and the listed company NIBE with the acquisition of Enertech Belgium which is part of the British Enertech Group. The Belgian acquisition forms part of an international transaction in six European countries in which NIBE has acquired several branches. The acquired branches employ approximately 460 people and represent an aggregate sales amount of 86 million euro with an associated operating margin of 4.8% in 2015.

The Swedish NIBE is one of the European market leaders in heat pumps and water heaters. NIBE operates in Europe, North America and Asia and has been listed on the Stockholm Stock Exchange since 1997. 

More information on these transaction can be found on the NIBE's website.

Christina Trappeniers and Samuel Darcheville constituted the deal team for this transaction.

Published in: Ambos news