NIBE Industrier AB (publ) (NIBE-B.ST) Stock Price

NIBE Industrier is an industrial group headquartered in Markaryd, in the Småland region of Sweden. According to the group's history page, Nils Bernerup founded Backer Elektro-Värme AB in 1949 on the basis of Christian Backer's patent for tubular elements, while NIBE-Verken AB arose in Markaryd through the acquisition of Ebe-Verken and took its name from the initial letters of Bernerup's first name and surname. NIBE Industrier AB was formed in 1989 and began trading on the Stockholm stock exchange in June 1997.

The group consists of many independent companies that produce, sell and market their own brands, and it is organised into three business areas. Climate Solutions covers energy-efficient products for climate control, indoor comfort and water heating. Element is an industrial partner offering customised components for heating and control. Stoves makes energy-efficient stoves for various heating needs and design requirements. The group describes itself as a Swedish group that has grown internationally through acquisitions.

Those following NIBE stock usually watch heat pump demand, company acquisitions and the development of the business areas. On the Lzzo.com NIBE Industrier page, the price of the Stockholm-listed shares appears with its observation time, together with a price history chart and technical indicators.