Purchases Askoll’s indoor space heating pump division
CRANSTON, R.I. — The Taco Group announced it has completed its acquisition of Askoll® SEI SrL of Sandrigo, Italy. Askoll SEI, a manufacturer of advanced technology pumps for use in indoor heating, was formerly a subsidiary of Askoll Holding SrL.
The Taco Group, which signed a purchase and sales agreement with Askoll last October, now owns Askoll SEI’s pump patents, intellectual property and technical knowledge, its manufacturing facilities and capabilities based in Italy, and its sales and distribution network in Europe.