About NIBE Group
NIBE Group is a company based in Markaryd (Sweden) founded in 1952 by Nils Bernerup.. The company has 20,550 employees as of December 31, 2024. NIBE Group has completed 28 acquisitions, including Akvaterm, Argoclima and CFL holding. NIBE Group offers products and services including Energy-Efficient Solutions, Climate Solutions, and Industrial Components. NIBE Group operates in a competitive market with competitors including Aira, Systemair, ConnectM, DREM and Ngenic, among others.
- Headquarter Markaryd, Sweden
- Employees 20550 as on 31 Dec, 2024
- Founders Nils Bernerup
- Stage Public
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Sectors
Business ServicesEnergy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Nibe Industrier Ab Class B
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Annual Revenue
$3.67 B (USD)-13.14as on Dec 31, 2024
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Net Profit
$106.08 M (USD)-75.49as on Dec 31, 2024
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EBITDA
$342.7 M (USD)-55.44as on Dec 31, 2024
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Latest Funding Round
$336.27 K (USD), Grant
Nov 01, 2017
- Investors
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Employee Count
20550
as on Dec 31, 2024
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Investments & Acquisitions
Akvaterm
& 27 more
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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.
Products & Services of NIBE Group
NIBE Group offers a comprehensive portfolio of products and services, including Energy-Efficient Solutions, Climate Solutions, and Industrial Components. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Products for indoor climate comfort and energy reduction.
Systems for sustainable heating in properties and industries.
Components for intelligent heating and control systems.
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Funding Insights of NIBE Group
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $336,267
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First Round
First Round
(15 Jun 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2017 | Amount | Grant - NIBE Group | Valuation |
investors |
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| Oct, 2017 | Amount | Grant - NIBE Group | Valuation |
investors |
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| Jun, 2017 | Amount | Grant - NIBE Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NIBE Group
NIBE Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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HVAC management systems are provided for residential applications.
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2017 | ||||
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Manufacturing services for heating pumps, burners, and boilers are offered.
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2017 | ||||
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Smart metering solutions are provided for the power industry.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - NIBE Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nibe Group Comparisons
Competitors of NIBE Group
NIBE Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aira, Systemair, ConnectM, DREM and Ngenic, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Air-source heat pumps for residential heating efficiency are provided.
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| domain | founded_year | HQ Location |
Sustainable HVAC products and systems are manufactured for various sectors.
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| domain | founded_year | HQ Location |
Energy management solutions are provided via asset-connecting platforms and applications.
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| domain | founded_year | HQ Location |
Heat pumps are provided for distributed energy saving solutions.
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| domain | founded_year | HQ Location |
Smart thermostat for homes
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nibe Group
Frequently Asked Questions about NIBE Group
When was NIBE Group founded?
NIBE Group was founded in 1952 and raised its 1st funding round 65 years after it was founded.
Where is NIBE Group located?
NIBE Group is headquartered in Markaryd, Sweden. It is registered at Markaryd, Kronoberg County, Sweden.
Who is the current CEO of NIBE Group?
Gerteric Lindquist is the current CEO of NIBE Group.
How many employees does NIBE Group have?
As of Dec 31, 2024, the latest employee count at NIBE Group is 20,550.
What is the annual revenue of NIBE Group?
Annual revenue of NIBE Group is $3.67B as on Dec 31, 2024.
What does NIBE Group do?
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.
Who are the top competitors of NIBE Group?
What products or services does NIBE Group offer?
NIBE Group offers Energy-Efficient Solutions, Climate Solutions, and Industrial Components.
Is NIBE Group publicly traded?
Yes, NIBE Group is publicly traded on OMXSTO under the ticker symbol NIBE_B.
How many acquisitions has NIBE Group made?
NIBE Group has made 28 acquisitions, including Akvaterm, Argoclima, and CFL holding.
Who are NIBE Group's investors?
NIBE Group has 1 investor. Key investors include European Union.
What is NIBE Group's ticker symbol?
The ticker symbol of NIBE Group is NIBE_B on OMXSTO.
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