Ariston Thermo acquires Calorex

The Ariston Thermo group, one of the world’s leading players in the domestic hot water and heating equipment market, has acquired the Calorex brand, one of Mexico’s largest manufacturers, from the Saltillo industrial group water heating equipment.

Ariston significantly reinforces the strategy launched two years ago to build an American industrial platform for the group, Calorex being the third acquisition in this regard, after NTI IN Canada and HTP in the US.

See http://business-review.eu/international/ariston-thermo-acquired-calorex-one-if-the-largest-manufacturers-of-heating-products-in-mexico-195089 for more details