Taco announces agreement to acquire Askoll Sei
Advancing its strategic partnership with Italian pump manufacturer Askoll®, Taco Comfort Solutions™ announced that it has signed an agreement with Askoll Holding srl to acquire 100 percent of Askoll Sei, a world class pump manufacturer of high efficiency pumps located in Sandrigo, Italy.
The agreement was signed at Askoll's world headquarters in Dueville, Italy by Elio Marioni, Askoll's founder and president, and John Hazen White Jr., CEO and chairman of the board of Taco Group.
The new Taco Group company has been named Taco Italia srl and will use the trade name “Askoll Flow Solutions™” (Askoll is the licensed trademark of Askoll Holding srl).
With this acquisition, Taco has transitioned from being an American company based in Rhode Island to a global company based in America.