Ariston Holding NV Unveils Riello Group Acquisition Strategy and Value Creation Plans
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Ariston Holding N.V. has announced the signing of a binding agreement to acquire Riello Group from Carrier Global Corporation for an enterprise value of €289 million. The acquisition includes Riello Group S.p.A. and Riello America LLC, adding the Riello and Beretta brands to Ariston's portfolio. The transaction is expected to enhance Ariston's position in climate comfort solutions, especially in Italy, and strengthen its global expertise in combustion technology. The deal will increase Ariston's exposure to commercial and industrial segments, as well as its presence in North America. The acquisition will be financed with Ariston's own funds and is expected to close within the first half of 2026, subject to customary conditions. You can access the full presentation through the link below.
