Ariston Group has completed the closing for the acquisition of Chromagen, an Israeli company that develops, manufactures and markets renewable solutions for water heating, with a distinctive experience in solar thermal technology.
The acquisition allows Ariston Group to consolidate its position in the Israeli market. “We are thrilled to welcome Chromagen to Ariston Group. Chromagen is perfectly in line with our vision of bringing sustainable comfort to everyone. ”Said Paolo Merloni, Executive President of Ariston Group.
Meanwhile, Ariston on the stock market closed today up by 1.51% to 10.74 euros.