NIBE Industrier AB (publ) (OM:NIBE B) acquired 77.5% stake in Ceramicx Ireland Limited on July 20, 2023. Ceramicx has a turnover of ?10 million and an operating margin above 10%.The company employs some 100 people. Ceramicx will become part of the NIBE Element business area and consolidated with NIBE from 1 August 2023.

NIBE Industrier AB (publ) (OM:NIBE B) completed the acquisition of 77.5% stake in Ceramicx Ireland Limited on July 20, 2023. DC Advisory acted as financial advisor to Ceramicx Ireland Limited.