Ariston Group has acquired a production site in Egypt from Universal Group to enhance its operations in the hot water sector for African and Middle Eastern markets.

Information on the Target

Ariston Group has successfully acquired a production facility from Universal Group, a well-established Egyptian manufacturing company founded by Mr. Youssri Kotb. This production site is strategically located in the 6th of October industrial park, situated near Cairo. With a total area of 40,000 square meters, the facility is equipped with a workforce of approximately 350 employees.

The facility is already operational and focuses on producing a diverse range of domestic water heating solutions. These products are specifically designed to meet the demands of numerous markets across Africa and the Middle East, showcasing the company's commitment to regional needs.

Industry Overview in Egypt

The hot water sector in Egypt is witnessing significant growth, driven by an increasing demand for energy-efficient and sustainable solutions. As th