Robertshaw has acquired CastFutura S.p.A., enhancing its global presence in the cooking and heating solutions market.

Target Information

Robertshaw, a global engineering and manufacturing company, has successfully acquired CastFutura S.p.A., a leading provider of combustion, safety, and ignition products tailored for cooking and heating applications. Founded in 1969, CastFutura has established a commendable reputation, specializing in innovative and reliable gas system products such as burners, thermocouples, spark plugs, igniters, and switch harnesses. The company operates with approximately 750 employees across multiple countries, including Bulgaria, Poland, Hungary, Italy, and Brazil, with its headquarters and engineering center located in Terno D’Isola, Italy, about 30 miles from Milan.

Industry Overview in Italy

Italy's appliance industry, particularly in the realms of gas systems and safety devices, has seen significant growth and development over recent decades. The demand for efficient cooking and heating solutions continues to surge, driven by a combination of consumer preferences for quality and reliability as well as governmental regulations encouraging energy-efficient technologies. This presents a robust market for products that enhance safety and energy efficiency.

Additionally, the European Union has established various directives focusing on energy efficiency, prompting manufacturers to innovate and invest in advanced technologies. Italy, being a