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Financial details of this acquisition were not specified because the acquired business will reportedly only constitute a small part of NIBE.
Dahlberg succeeds Kjell Ekermo, who is leaving Nibe after 19 years of service.
NIBE agreed to acquire WaterFurnace through its unit NIBE Energy Systems Canada Corp under a deal signed in June, offering CAD30.
Only last October, their housing association landlords, the Accord Group, insisted its investigations showed the boilers were sound - despite other housing associations taking steps to remove NIBE boilers elsewhere in the country.
NIBE Industrier AB is headquartered in Markaryd, Smaland province in southern Sweden.
Steve said: "I had been looking to move into renewable energy for some time and so enrolled on to a training course to become an engineer with NIBE when I met Mark, who was looking for an engineer to cover the North West.
Nibe is a provider of solutions for indoor climate and comfort and its components and solutions for measurement, control and electrical heating.
Braude has been acquired by Heatrod Elements, a member of the Backer Group and part of NIBE.
Swedish heating technology solutions provider NIBE Industrier AB (STO:NIBE-B) said it had bought the sales business of French climate control products and heat pumps specialist Technibel SAS.
Residents of more than 70 affordable homes off Torrington Avenue, Tile Hill, which are owned by the Accord Group, say they are facing huge debts because of expensive heating bills from the controversial Nibe boilers.
Each property at the development features renewable heat pump technology developed by NIBE.
LOUIS -- Emerson (NYSE: EMR) today announced that it has agreed to sell its Heating Products business to NIBE Industrier AB.
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- NibbleFfest Art Contest
- nibbles at
- nibbles away at
- nibbling at
- nibbling away at
- nibbling diet
- nibbling reaction
- Nibelung, the
- Nibelungen Lied
- Nibelungen Lied
- Nibelungen Saga
- Nibelungenlied, Das