Delphi advisor to NIBE Industrier AB (publ) on its acquisition of 65 % of the shares in Tempeff
June, 2017 - Malmö, Sweden
Swedish law firm Delphi has been legal advisor to NIBE Industrier AB (publ) in connection with its acquisition of 65 % of the shares in the Canadian ventilation company Tempeff North America Ltd with operations in Winnipeg, Manitoba. The company will be part of the NIBE Climate Solutions business area.
Tempeff is a leading manufacturer of high efficient heat recovery ventilation products that are made for commercial, institutional and industrial applications, especially in cold climates.
Founded in 2008, Tempeff has approximately 50 employees and annual sales of just over CAD 10 million (approximately SEK 70 million). Sales are mainly in the Canadian domestic market, but the company also has good growth in the United States.
Delphi advised NIBE through the responsible partner Per-Ivar Svensson and senior associate
Therese Jönsson with assistance from the Canadian law firm Cassels Brock.
Contact:
Per-Ivar Svensson
Partner/Advokat
Delphi
Ph. +46 709 25 26 20
email: [email protected]
