Ariston Group (Ariston Group), a global leader in sustainable solutions for water heating and space heating, is expanding its solar collector production activity in Israel, a market the group entered in 2017, and in which it strengthened its position in 2022 with the acquisition of the company Chromagen.
Chromagen is a leading company in the development and supply of end-to-end solutions in the field of water heating, including solar systems, solar and electric water heaters, water heating solutions for private homes, residential buildings and institutions, as well as a wide range of complementary products providing a comprehensive response to diverse needs such as rapid water heating systems and heat pumps for water heating. Based on the industrial infrastructure, Ariston Group is now expanding the scope of solar collector production in Israel. In this move, Israel becomes a strategic production center serving both the local market and international markets, and constitutes a further reinforcement of the group’s commitment to providing high-quality, innovative and advanced water heating solutions to customers around the world.
Amir Raska, CEO of Chromagen: "We see Ariston’s move as a significant expression of confidence in Chromagen’s capabilities and in the local industry. As a company providing a full and comprehensive solution for the water heating sector, we will continue to invest in innovation, development and the expansion of production capabilities in Israel, for the benefit of the local market and the international markets in which we operate."