- “This acquisition will further strengthen our position in the rapidly growing British market for heat pumps, also with our CTC brand,” says Gerteric Lindquist, CEO of
NIBE Industrier AB .
- “Go Geothermal´s management, who will continue as co-owners, have the knowledge and industry awareness that is needed to strengthen our position in the
United Kingdom , where we are expecting a large increase in demand for heat pumps in the coming years.”
- “We are delighted to share the news that Go Geothermal was acquired by Swedish Enertech. We believe the time is right to integrate with a large, well respected European brand,” says
Tim Williams andSean Sowden , Go Geothermal Ltd.
For more information: Gerteric Lindquist, CEO and
This information was submitted by the contact persons above for publication on
NIBE Group – a global group with companies and a presence worldwide
In our three business areas – Climate Solutions, Element and Stoves – we develop, manufacture and market a wide range of environmentally-friendly, energy-efficient solutions for indoor climate comfort in all types of properties, plus components and solutions for intelligent heating and control in industry and infrastructure.
From its beginnings in the Småland city of Markaryd nearly 70 years ago, NIBE has grown into an international company with 18,700 (17,000) employees and a global presence. sFrom the very start, the company has been driven by a strong culture of entrepreneurship and a passion for responsible business operation. Its success factors are long-term investments in sustainable product development and strategic acquisitions. Combined, these factors have brought about strong, targeted growth, which generated sales of just over
NIBE has been listed under the name
Attachment
- Press release Go Geothermal 2021-08-24 ENG
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