About NIBE Group
NIBE Group is a publicly listed company based in Markaryd (Sweden) founded in 1952 by Nils Bernerup. Provider of sustainable energy solutions contributing to reducing greenhouse gas emissions globally. It operates in the Business Services and Energy & Utilities sectors. The company has 20,550 employees. NIBE Group has completed 28 acquisitions, including Akvaterm, Argoclima and CFL holding. Its chief executive, as recorded, is Gerteric Lindquist. Its website nibe.com draws about 18 thousand monthly visits. NIBE Group offers products and services including Energy-Efficient Solutions, Climate Solutions, and Industrial Components. Its focus areas include Energy Tech, Energy Efficiency Tech, Thermal Products and HVAC. Its legal entity is NIBE Industrier AB. Its competitors include Aira, Systemair and DREM; 2 of its 3 listed competitors have raised funding.
Company details
NIBE Group, founded in 1952 in Markaryd, Sweden, operates in the sustainable energy sector. Focus is placed on climate solutions, heating elements, and stoves through eco-friendly products. Energy-efficient systems are developed and distributed worldwide to support emission reductions. Leadership is provided by CEO Gerteric Lindquist, with operations centered on global environmental goals.
- Annual Revenue$4.43 B (USD)0.79as on Dec 31, 2025
- Net Profit$247.56 M (USD)94.12as on Dec 31, 2025
- EBITDA$680.8 M (USD)65.85as on Dec 31, 2025
- Latest Funding Round$336.27K (USD), Grant
Nov 2017
- Investors
- Employee Count20,550
- Investments & AcquisitionsAkvaterm
& 27 more
Products & Services of NIBE Group
NIBE Group offers a comprehensive portfolio of products and services, including Energy-Efficient Solutions, Climate Solutions, and Industrial Components.
Products for indoor climate comfort and energy reduction.
Systems for sustainable heating in properties and industries.
Components for intelligent heating and control systems.
Funding Insights of NIBE Group
- Total Rounds 3
- Last Round Grant — $336,267
- First Round $101,996
(Jun 2017)
- Investors Count 1
All 3 funding rounds of NIBE Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2017 | $336,267 | Grant | – | – | |
| Oct 2017 | $217,862 | Grant | – | – | |
| Jun 2017 | $101,996 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in NIBE Group
NIBE Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for NIBE Group
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People of NIBE Group
36 people are tracked at NIBE Group (9 in leadership, 6 in board & advisors, 21 in team); the tracked headcount is 20,550.
| Name | Role | Group |
|---|---|---|
Nils Bernerup | Founder | Leadership |
Gerteric Lindquist | CEO | Leadership |
Hans Backman | Financial Director | Leadership |
Sandra Hansson | Head Of Program Management | Leadership |
Rob Spoelman | President Region Western Europe | Leadership |
Lisa M. Shaw | Vice President Human Resources | Leadership |
Stefan Nordenfors | Sales Director Emea, Nibe Energy Systems | Leadership |
Anna Nilsson | Hr-partner | Leadership |
Christer Fredriksson | Director, NIBE Element and MD for Backer BHV AB. | Leadership |
Hans Linnarson | Chairman of the Board | Board & advisors |
Georg Brunstam | Board member | Board & advisors |
Anders Pålsson | Board member | Board & advisors |
Jenny Larsson | Board Member | Board & advisors |
Eva Thunholm | Board Member | Board & advisors |
Eva Karlsson | Board Member | Board & advisors |
O'Brian van Den Berg | Inside Sales | Team |
Arvid Johansson | Försäljning | Team |
Niels Hoogerbrugge | Inside Sales Manager | Team |
Hans Holmquist | Projektledare | Team |
Madeleine Johannesson | Hr-specialist | Team |
16 more people are available in the full profile.
Complete people profiles for NIBE Group
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IPO & Listings of NIBE Group
NIBE Group is a publicly listed company on the OMXSTO with ticker symbol NIBE_B in Sweden, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date11 Feb 2022
- Listed onOTCMKTS: NIABY
- Listed entityNIBE Industrier AB Class B
- Exchange sectorProducer manufacturing
- ISINSE0015988019
- Share price44.10 SEK (+0.27% on the day) · 2026-10-14
- Market capitalisation88,666,604,505.00 SEK
- Price to earnings33.6
- EPS (diluted, trailing year)1.31 SEK
- Dividend yield0.8%
- Volume (last session)103,025
Financials of NIBE Group
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 40.84B SEK | 2.28B SEK | 6.27B SEK |
| 2024 | 40.52B SEK | 1.17B SEK | 3.78B SEK |
| 2023 | 46.65B SEK | 4.79B SEK | 8.48B SEK |
| 2022 | 40.07B SEK | 4.35B SEK | 6.90B SEK |
| 2021 | 30.83B SEK | 3.32B SEK | 5.47B SEK |
Detailed financial statements for NIBE Group
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Investments & Acquisitions by NIBE Group
NIBE Group has strategically engaged in corporate development activities, having acquired 28 companies. Notable acquisitions include Akvaterm, Argoclima and CFL holding.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Electronic and IoT components are manufactured by LS Control. | lscontrol.dk | Herlufmagle, Denmark | 1969 | Nov 2023 | •••• | |
Infrared heating systems and elements are manufactured for industrial applications. | ceramicx.com | Cork, Ireland | 1992 | Jul 2023 | •••• | |
Secure cash handling and transportation services are offered. | solzaima.pt | Agueda, Portugal | 1978 | Jul 2023 | •••• | |
HVAC management systems are provided for residential applications. | cflholding.com | Schiedam, Netherlands | 2017 | Jun 2023 | $687.87M | |
Provider of CO2 emission services | climateforlife.nl | Tiel, Netherlands | 1930 | Jun 2023 | $646.17M | |
Building construction contractor services are provided in the United Kingdom. | milesindustries.com | Bromsgrove, United Kingdom | 1983 | Jan 2023 | •••• | |
Smart metering solutions are provided for the power industry. | elmess.pl | Zgierz, Poland | 2013 | Oct 2022 | •••• | |
Multiple industries are operated in by the diversified conglomerate. | 0 | Oct 2022 | •••• | |||
Traditional and contemporary steel stoves are manufactured and supplied. | pacificenergy.net | Canada | 1948 | Jul 2022 | •••• | |
Home appliances including air conditioners and heaters are offered online. | argoclima.com | Manerbio, Italy | 1929 | May 2022 | •••• |
Complete acquisition details for NIBE Group
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Timeline of NIBE Group
14 dated milestones of NIBE Group across 71 years, from founding to its latest funding, stage changes and deals.
- Founded NIBE Group is founded.
- Funding First funding round of $102K.
- Funding Latest funding round, Grant, of $336K.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Argoclima.
- Acquisition Acquires Pacific Energy.
- Acquisition Acquires ELMESS-Klopper Group.
- Acquisition Acquires Elmess.
- Acquisition Acquires Miles Industries.
- Acquisition Acquires Climate for life.
- Acquisition Acquires CFL holding.
- Acquisition Acquires Solzaima.
- Acquisition Acquires Ceramicx.
- Acquisition Acquires LS Control.
Competitors of NIBE Group
NIBE Group has 3 listed competitors in our database, 2 of them funded. They include Aira, Systemair and DREM.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| airahome.com | 2022 | Stockholm, Sweden | $333.4M | Air-source heat pumps for residential heating efficiency are provided. | ||
| systemair.com | 1947 | Skinnskatteberg, Sweden | 132 | Sustainable HVAC products and systems are manufactured for various sectors. | ||
| drem.se | 2022 | Stockholm, Sweden | $5.97M | Heat pumps are provided for distributed energy saving solutions. |
Detailed competitors of NIBE Group
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Web traffic of NIBE Group
The website of NIBE Group (nibe.com) receives about 18.1K visits a month.
- Monthly visits18.1K
▼ 7% vs previous month
Websites whose visitors overlap most with NIBE Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| coolingpost.com | 100% | #772,223 | View details | ||
nibe-evan.ru | nibe-evan.ru | 95% | – | ||
| metrotherm.dk | 92% | 18K | #1,038,290 | View details | |
xn--80ad8a9c.xn--p1ai | xn--80ad8a9c.xn--p1ai | 92% | – | ||
| schueco.com | 88% | #104,084 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for NIBE Group
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Related news about Nibe Group
Complete news archive for NIBE Group
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Frequently Asked Questions about NIBE Group
NIBE Group was founded in 1952 and raised its 1st funding round 65 years after it was founded.
NIBE Group is headquartered in Markaryd, Sweden. It is registered at Markaryd, Kronoberg County, Sweden.
Gerteric Lindquist is the CEO of NIBE Group, as recorded in our data.
NIBE Group has 20,550 employees.
Annual revenue of NIBE Group is $4.43B as on Dec 31, 2025.
NIBE Group, founded in 1952 in Markaryd, Sweden, operates in the sustainable energy sector. Focus is placed on climate solutions, heating elements, and stoves through eco-friendly products. Energy-efficient systems are developed and distributed worldwide to support emission reductions. Leadership is provided by CEO Gerteric Lindquist, with operations centered on global environmental goals.
NIBE Group offers Energy-Efficient Solutions, Climate Solutions, and Industrial Components.
Yes, NIBE Group is publicly traded on OMXSTO under the ticker symbol NIBE_B.
NIBE Group has made 28 acquisitions, including Akvaterm, Argoclima, and CFL holding.
NIBE Group has 1 investor. Key investors include European Union.
NIBE Group operates through Nibe Industrier Ab.