verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . april 2009 learn how and when to remove this template message ariston thermo group type privately held company founded 1930 founder francesco merloni honorary chairman paolo merloni chairman headquarters fabriano italy key people leonardo senni ceo products thermal comfort revenue 1.34 billion 2014 number of employees 6 600 2014 slogan energy efficient comfort website aristonthermo.com ariston thermo is an italian corporation that produces heating systems and related products marketed mainly under the ariston chaffoteaux elco racold cuenod ecoflam and thermowatt brands . 1 contents 1 history 2 figures 3 brands 4 see also 5 references 6 external links history edit in 1930 aristide merloni founded industrie merloni in the marches and began producing scales . the production of electric water heaters dates back to 1960 with the appearance of the ariston brand which would propel the group to leader status in this sector in italy with the dawn of the 1970s . 2 following the success of ariston water heaters in the 1980s the company decided to enter the space heating sector and started manufacturing boilers . during the 1990s the company opened its first branches in eastern europe and asia . in the same years ariston thermo acquired racold 3 india s largest water heaters manufacturer and opened its first wholly owned plant in china . the early 21st century saw the acquisition in 2001 of several historical companies and brands in the heating and burner sectors namely chaffoteaux elco cuenod and rendamax . over the two year period 2004 2005 new plants were inaugurated in hanoi and st petersburg while the acquisition of ecoflam was completed the latter among italy s leading companies for heating systems ; in 2008 after the acquisition of termogamma sa 4 specialised in the production of heat pumps the company opened its european centre of excellence for solar heating systems in italy in serra de conti . in 2009 the company until then part of mts group changed its name to ariston thermo . 5 ariston thermo acquired in 2011 cipag sa and domotec ag leaders in switzerland for the production distribution and maintenance of water heating systems . 6 2013 saw the acquisition of dhe an italian company specialised in heating elements for commercial and industrial applications and the set up of a joint venture for the production and commercialisation in uzbekistan of domestic heating systems . in 2014 the company entered the south african market directly through the acquisition of heat tech geysers the country s second player for water heaters and inaugurated an electric water heater factory in vietnam . 7 8 in the same year it also strengthened its presence in mature markets with the acquisition of atag heating a dutch high end brand in the heating industry . 9 10 in april 2015 signed the acquisition of gastech energi a s a leading company in the field of domestic and industrial heating in denmark announced during the inauguration in russia of a new logistics center of approximately 10 000 m in the production site of vsevolo sk nearby st. petersburg . 11 figures edit in 2014 ariston sold 7.4 million products in over 150 countries worldwide amounting to a turnover of 1.34 billion euro . it employs 6 600 people working in 53 companies with 5 representative offices in 32 countries . 12 brands edit ariston elco heating solutions chaffoteaux racold atag cuenod ecoflam thermowatt see also edit italy portal companies portal aerothermal ariston francesco merloni hotpoint indesit company merloni solar thermal energy references edit our brands . ariston . ariston . museo del marchio italiano . archived from the original on 3 november 2014 . mts group to invest rs 30 cr in chakan plant . archived from the original on 23 october 2014 . mts group acquisisce la svizzera termogamma sa in italian . soldionline . mts group cambia nome in ariston thermo group in italian . milano finanza . http www.ansa.it web notizie regioni marche 2011 07 11 visualizza new.html 787057524.html ansa ariston thermo acquires cipag and domotec company overview of heat tech geysers pty ltd . bloomberg businessweek . italian water heating firm opens 18mn plant in vietnam . vietnam breaking news . http www.buildersmerchantsnews.co.uk news fullstory.php aid 9895 ariston thermo acquires atag heating.html ariston thermo acquires atag heating http www.verwarming.nl nieuws atag heating wordt onderdeel van ariston thermo.html contentid 6130 atag heating een belangrijke speler op de benelux verwarmingsmarkt wordt onderdeel van ariston thermo een wereldspeler op het gebied van verwarming en warmwaterbereiding http www.anecta.se ariston thermo f % c3 % b6rv % c3 % a4rvar marknadsledande v % c3 % a4rmeinstallat % c3 % b6r.aspx tramslink advises ariston thermo in acquisition in denmark the group in figures . ariston . external links edit official website retrieved from https en.wikipedia.org w index.php title ariston thermo & oldid 739507147 categories home appliance manufacturerscompanies established in 19301930 establishments in italyitalian brandsfabrianocompanies based in le marchemultinational companies headquartered in italysolar thermal energyhidden categories cs1 italian language sources it articles needing additional references from april 2009all articles needing additional referencesuse dmy dates from june 2015official website different in wikidata and wikipedia navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutschespa olfran aisitalianopolskiportugu srom n edit links this page was last modified on 15 september 2016 at 03 04 . text is available under the creative commons attribution sharealike license ; 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