NIBE Industrier $364 million acquisition of Climate Control Group

Overview:

• NIBE Industrier has acquired the Climate Control Group from LSB Industries for $364 million.
• The target is a manufacturer of heating, ventilation and air conditioning products for commercial buildings and single family homes in North America, such as ClimateMaster, IEC, ClimateCraft and ClimaCool.
• NIBE is a Swedish climate solutions provider.

Jon Moore - Journalist - EMEA