Redefining ‘comfort heating’ Ariston Thermo Group

redefining ‘comfort Heating’

The Ariston Thermo Group is a major force in the industrial water heating sector. The company continues to achieve strong growth through its unrivalled centres of excellence, its innovative products and synergistic acquisitions. Philip Yorke reports on the company’s latest advances and its most recent acquisition.

The Ariston Thermo Group was founded in Italy in 1930 by Aristide Merloni who began by manufacturing precision weighing scales. Today the Group provides heating solutions based on renewable energy sources, such as solar thermal systems and heat pumps. The company’s continuous investment in innovation for the development of increasingly energy-efficient connectivity has paid big dividends for the Group.

In 2019 Ariston Thermo recorded sales of almost 2 billion euros and sold 8 million products in over 150 countries. The global group also employs around 7,000 people through its 66 operating companies and its 27 production facilities worldwide. The Group also operates 23 centres of excellence and high-tech R&D facilities in 14 countries. Ariston Thermo offers a full range of products, systems and services. These can be found at its flagship brands, such as Racold, Calorex, Ariston, Elco, Chaffoteaux, Atag, NTI and HTP.

Today the goal of Ariston Thermo is to improve the future of thermic comfort by offering an optimal combination of quality, energy savings and increased care for the environment.

evolving technologies meet new consumer needs

Ariston Thermo has always endeavoured to be at the forefront of heating innovation and has tailored its products to meet the latest trends and challenges of the industry. This is particularly true of one of the company’s biggest and fastest growing markets: India. Recently Racold India, one of the Group’s fully owned subsidiaries in the sub-continent, announced the launch of its two most technically advanced products: “Omnis” and “Aures”.

This latest ground-breaking range redefines efficiency, energy- saving and environmental care in the water heater sector.

Speaking at the recent launch event in New Delhi, Mr. Mohit Narula, Managing Director, Ariston Thermo India said, “Ever since its inception, Ariston Thermo’s Racold, has been setting unprecedented benchmarks for the industry by bringing in new technology that enhances the aesthetics, quality, durability and performance of our products”.

Narula added, “Backed by a deep understanding of evolving consumer needs and our strong global expertise, our company has been the frontrunner of technology in the water heating sector. Today we are pleased to announce the launch of Omnis, our top-line range, with India’s first Smart Control technology which is set to redefine global water heating efficiency. To add to it, we are launching our new range of online instantaneous water heaters, Aures. Both these products are a reconfirmation of our ability to constantly innovate and provide optimal value to our consumers.” Throughout the world it is clear that today, bathrooms are being transformed in response to the ever-changing nature of consumer trends. They are becoming an extension of people’s living spaces and personalities and have undergone a seed change in recent years. The need is all the more pronounced for luxury bathing applications like showers, shower panels and Jacuzzis where the demand for hot water is high. The newly launched ‘Omnis’ and ‘Aures’ range of water heaters are both compact and unrivalled in their performance and energy savings.

New acquisitions driving sales

The Ariston Thermo Group has enjoyed a history of acquiring successful companies that offer unique synergies and high-tech products that are designed to enhance the company’s product portfolio and its global customer services. The Group’s most recent acquisition in association with the Mexican conglomerate, ‘Grupo Industrial Saltillo’ was recently signed in Mexico for an agreement for the acquisition of 100 per cent of Calorex, a company holding a significant market share in Mexico for water heating solutions in the residential and commercial sector.

With more than 70 years of trading behind it, Calorex has achieved a significant leadership in the Mexican market and also boasts a major presence in terms of quality and reliability in the United States and Latin America. In 2019 the company achieved a turnover of around USD 150 million of which over USD 20 million were generated in the United States market.

With this operation, Ariston Thermo consolidated its presence in the American continent, acquiring a leading position in Mexico and building a fundamental base to strengthen the growth potential in North America as well as in Central and Latin America. For further details of Ariston Thermo’s latest products and services visit: www.aristonthermo.com

Bringing core values to life

Every company has its own story, culture and system of values, which characterises its identity. The values of the Ariston Thermo Group are rooted in the cultural and industrial heritage of its founder, Aristide Merloni.

A company spokesperson told Industry Europe, “At Ariston Thermo people come first and we believe that strength lies in diversity. We give people a chance to grow and help to pave the way to make them become successful. Our global Group believes in teamwork and diversity by fostering interaction between different cultures in order to inspire creativity, innovation and discover new horizons. We encourage resourcefulness, participation and accountability. We also believe in merit and create growth opportunities wherever possible, thereby enhancing the best resources of the Group”.

The company creates equal opportunities for its employees and is committed to helping them to learn and improve. Ariston Thermo pursues a goal of being the leader in its field and aims at constant improvement through innovation and the continuous generation of new ideas. It also encourages its people to nurture a passion for learning and for exploring new approaches in order to find new, innovative solutions. Despite its size, the Group is able to react quickly and efficiently to changing market conditions and the latest international legislation. Ariston Thermo strongly believes in sustainable growth and acts accordingly throughout all aspects of its business activities. The company is committed to guaranteeing the maximum comfort possible at the minimum energy cost. By doing so it contributes to the conservation of the planet by granting access to the most efficient technologies and the best services worldwide.