85 years of growth driven by passion and competence.
1930
Aristide Merloni founds
the Industrie Merloni
in the Marche Region of Italy,
starting the production
of weighing scales.
1960s
With nearly 600 employees
and 5 plants, the Company starts
the production of gas cylinders
and electric water heaters.
1980s
Already a market leader
in water heating, the Company
enters the heating sector
and starts producing boilers.
1990s
By setting up subsidiaries in Eastern Europe and Asia, the Company consolidates its global leadership in heating and water heating: in these years, it acquires Racold, the largest water heating company in India, and opens its first wholly owned factory in China.
2001
The Group acquires a
number of historical
companies and brands
in the heating and burners
industry: Chaffoteaux,
Elco, Cuenod and
Rendamax.
2005
The Company
opens a new
factory in Saint
Petersburg,
Russia, and
acquires Ecoflam,
an Italian leader in
heating systems.
2008
After acquiring the Swiss
company Termogamma SA,
specializing in heat pumps,
the Group opens the European
centre of competence for
solar thermal energy in Italy.
2009
The Group changes its name
to Ariston Thermo and is a global
leader in the heating and water
heating industry, offering
an already full range of products,
systems and services.
2009
2013
Ariston Thermo finalises
the acquisition of DhE, an Italian
leader in the sector of heating
elements for commercial
and industrial applications,
and enters into a joint venture
for manufacturing and selling
high-efficiency home heating
systems in Uzbekistan.
2011
By acquiring Cipag SA and Domotec AG, Ariston Thermo confirms its leadership in Switzerland in the production, distribution and maintenance of water heating systems.
2014
Ariston Thermo acquires ATAG Heating, a Dutch
highend brand in the heating industry. In the same
year, two important transactions are conducted
to expand production in the markets enjoying
greatest growth: the acquisition of Heat Tech
Geysers, the second player in the South African
market for water heaters, and the inauguration
of a new factory in Vietnam, at the forefront
in the production of electric water heaters.
2015
The Group opens a new branch, Ariston Thermo Indonesia, and debuts on the Danish market with the acquisition of Gastech-Energi A/S. The Group also acquires SPM, French manufacturer of burners and components. On Ariston Thermo’s 20th anniversary in Russia, a new logistics hub is opened in Saint Petersburg.
2015
2016
Ariston Thermo continues growing, through both acquisitions and the achievement of important goals in historical sites: NTI – the brand leader in Canada and one of the leaders in the USA in the condensing boiler segment – joins the Group with products and services famous for their quality and reliability, while in Italy the Arcevia and Osimo plants win the coveted World Class Manufacturing bronze medal.
.
2017
Laurent Jacquemin takes on the position of the Group’s Chief Executive Officer.
The Ariston Thermo Innovative Technologies, a research centre for cutting-edge solutions on the global thermal comfort market, is established in Agrate, Italy.
The investments of Ariston Thermo continue with the acquisition of HTP, a steady brand on the American highefficiency thermal comfort market, and of Atmor, an Israeli company which distributes its instantaneous electric water heaters in 40 countries worldwide. Ariston Thermo also opens a new manufacturing facility in Tunisia.
