Ariston Holding N.V., through its subsidiaries, produces and distributes hot water and space heating solutions for commercial and residential use worldwide. The company operates in three divisions: Thermal Comfort, Burners, and Components. It offers water heating products, such as heat pumps, gas storage and gas instant water heaters, cylinders, solar, and electric storage and electric instant water heaters; space heating products comprising boilers, heat pumps, hybrid systems, air conditioning products, thermostats, and direct services and parts; and domestic heat-recovery ventilation, air handling, and combined heat and power services. The company also provides burners and components. It offers its products under the Ariston, Elco, Chaffoteaux, Racold, Calorex, NTI, HTP, ATAG, Thermowatt, Cuenod, and Ecoflam brands. Ariston Holding N.V. was founded in 1930 and is headquartered in Milan, Italy. Ariston Holding N.V. is a subsidiary of Merloni Holding S.P.A.