News

Ariston Thermo acquires controlling interest of HTP

NTI is pleased to announce that on July 31, 2017 Ariston Thermo Group purchased controlling interest in HTP of New Bedford Massachusetts. This is a strategic acquisition, which makes Ariston Thermo a significant force within the North American boiler and water heater market. Ariston Thermo acquired controlling interest of NTI in 2016 and its strategy remains unchanged: support and...

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Ariston Thermo acquires NY Thermal Inc. (NTI)

Saint John New Brunswick ‐ September 12, 2016 ‐ NTI a leading manufacturer of high efficiency
condensing boilers and water heaters, with manufacturing facilities in New Brunswick Canada,
announced today that Ariston Thermo, of Milan Italy has acquired controlling interest in the family‐run
business.

With the acquisition of NTI, Ariston Thermo enters the...

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