NIBE Industrier AB
NIBE Industrier AB has acquired a majority interest in Miles Industries
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Industry:
NIBE Industrier AB has acquired a majority interest in Miles Industries. MNP Corporate Finance Inc. provided financial and tax due diligence services to NIBE Industrier AB.
Transaction Brief
Miles Industries Ltd. is the exclusive designer, manufacturer, and distributor of Valor branded radiant gas hearth products in North America. The company was founded in North Vancouver, British Columbia, Canada in 1977.
NIBE Industrier AB is part of NIBE Group's Climate Solutions business area which offers a wide range of intelligent, energy-efficient HVAC products for indoor comfort for homes, apartment blocks and commercial properties.