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.
Your consent means that we collect information about your device and how you use the website which is linked to what Google knows. You can withdraw your consent by, for example, clicking on “Manage cookies” in the footer at the bottom of the page or contacting us at privacy@delphi.se.
We also use necessary cookies that enable core functionality. We do not require your consent to use these cookies. You can read a detailed description on how we use cookies, how you can avoid our cookies and also how to withdraw your consent here. Our use of cookies also entails processing of your personal data. Advokatfirman Delphi Stockholm AB is the data controller and responsible for the processing, which you can read more about here. You will also find information about your rights in relation to our processing of your personal data, namely the right to withdraw your consent, the right to object to our processing, the right of access, the right to rectification, the right to erasure and restriction, the right to data portability and the right to lodge a complaint.