Pressmeddelande -
Delphi advised Nibe Industrier AB (publ) in the acquisition of Marathon Heater Inc
Delphi has advised Nibe Industrier AB in the acquisition of the business in Marathon Heater Inc. The acquired sales operations will become part of the Nibe Element North American business group.
Marathon Heater produces high quality specialty heating elements for advanced and has 130 employees and reports annual sales of approximately USD 9 million (SEK 78 million) with an operating margin above 10 %. Marathon’s commitment to engineering support and customer service has earned the company a leading position with the most important companies in the plastics and medical equipment industries in North America. The product range consists of cartridge heaters, band heaters, silicon heaters and thermocouples. The company will continue to run its operations and provide service for its customers from its Del Rio, Texas manufacturing facility under the name Backer Marathon, Inc.
Delphi advised through the responsible partner Per-Ivar Svensson, assisted by Micael Karlsson and Therese Jönsson.
Contact:
Per-Ivar Svensson
Partner/Advokat
Delphi
Ph. +46 709 25 26 20
email: per-ivar.svensson@delphi.se
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Delphi is one of the top commercial law firms in Sweden. We help our clients with mergers and acquisitions. We advise them on matters of banking, finance and capital markets. We represent clients in court and in arbitration and are acknowledged as being extremely competent in public procurement and environmental law.
Many of us are specialists in high-tech fields such as IT, intellectual property and life science. Our drive and our interest in technology and business probably explain, in part, our success. We are often praised for our commercial sense and our ability to understand the client’s business.
Our clients are to be found primarily in Scandinavia, Europe and North America. We also co-operate with law firms globally and regularly assist clients on international matters. We have a total workforce of approximately 185, of which more than 120 are lawyers. We have offices in Stockholm, Göteborg, Malmö, Linköping and Norrköping.