The Board of Directors of MTS Group, a global leader in the heating and hot water market with the Ariston, Chaffoteaux and Elco brands, decided to change the name of the company to Ariston Thermo Group and the launch will take place at the ISH Exhibition, in Frankfurt, in March 2009, reveals the company’s press release.

“The name Ariston Thermo Group will enable the group to raise its global profile amongst all its stakeholders by being more closely associated with its most famous and most international brand. We will gain greater visibility and this will also enable us to improve the support we give to our commercial brands that will not change”, said Paolo Merloni, the CEO of the MTS Group.