AICO - Ownership and Business Overview

Consumer ProductsCompany

AICO Ownership

Who owns AICO?

AICO is owned by Jøtul AS. It was acquired on November 7, 2018.

AICO Business Overview

Where is AICO headquartered?

AICO is headquartered in Palazzolo sull'Oglio BS, Italy.

How many employees does AICO have?

AICO has 150 employees.

What sector is AICO in?

AICO is a consumer products company.

Consumer Products M&A Summary in 2018

Out of 60 sectors in the Mergr database, consumer products ranked 8 in number of deals in 2018. The largest consumer products acquisition in 2018 was Frutarom Industries - which was acquired by International Flavors & Fragrances for $7.1B.

Join Mergr to view all 241 acquisitions of consumer products companies in 2018, including 69 acquisitions by private equity firms, and 172 by strategics.

AICO S.p.A.

Via Aldo Kupfer, 31,
Palazzolo sull'Oglio BS, 25036
Italy,

AICO S.p.A. is an Italian manufacturer of residential stoves, fireplaces, boilers, and cookers. AICO offers a wide range of premium home heating products that are energy efficient and utilize pellets, a renewable energy source. The business features two well-established brands; Ravelli and Elledi and they are exported to more than 40 countries. Headquartered in Palazzolo sull’Oglio, Italy, AICO’s 150 employees oversee the design, manufacturing and in-house testing to ensure all products comply with European quality, safety, and environmental compliance standards.


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