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Divestiture Undated · Italy Verified

Carrier to sell Riello heating business to Ariston Group

Carrier announced an agreement to divest its Italy-based Riello heating manufacturing business to Ariston Group.

“Carrier announces an agreement to sell its Riello business to Ariston Group. Founded in 1922 and based in Italy, Riello is a manufacturer of heating”

Entities

Ariston Group · Acquirer Carrier · Parent Riello · Target
HVAC

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.