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In 2009, the company (until then part of MTS Group) changed its name to Ariston Thermo. [5] Ariston Thermo acquired in 2011 Cipag SA and Domotec AG, leaders in Switzerland for the production, distribution and maintenance of water heating systems.
By 1938 the company had grown bigger, with a turnover of 500,000,000 Liras - a value equivalent to approximately 250,000 Euros - and 70 employees. In the fifties, Merloni was the first Italian company in the field of weighing instruments, with a 40% market share. Aristide Merloni was elected Mayor of Fabriano in 1951 for the Christian Democrat ...
Ariston organette, metal disc with punched holes (late 1800s) — utilized on several music boxes; Ariston Thermo, a company in the thermal comfort sector; Ariston Records, an Italian record label; The former name for Indesit; Ariston, a genus of spiders
In 2005, Merloni Elettrodomestici rebranded to become Indesit Company. At the beginning of 2007, Indesit launched the group's new brand architecture, Hotpoint, and combined with Ariston to form the Hotpoint-Ariston brand. In December 2008, Indesit acquired the final quota of shares from General Electric for US$57m. [6]
The consulting firm Russell Reynolds, which also tracks CEO changes, said high turnover shows growing risk appetites and "a desire for leaders who can navigate increasing complexity in the macro ...
He led the Ariston Thermo Group until 2011. [1] [6] He was the honorary chairman of the group. [3] In addition, he was the president of the Aristide Merloni Foundation, the national president of the UCID (Christian Union of Entrepreneurs and Managers) and vice president of AREL (Research and Legislation Agency). [3]
Any added costs on U.S. imports from the three counties "will be shared by our customers," Barry told investors in the company's Nov. 26 earnings call, noting that "there's very little in [the ...
The turkey company’s hotline started in 1981 as a holiday service to ease the stress of Thanksgiving. “Most people call us in a panic,” says Andrea Balitewicz, a culinary professional and ...
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