Aico/Ravelli
Overview
Ravelli Group is an Italian pellet stove specialist with a comprehensive product portfolio synonymous for innovation and design. The company boasts strong brand awareness in Italy and Europe, where it sells its products via an extensive network of agents and distributors.
Centralized in‐house manufacturing in Italy enables Ravelli to ensure premium quality and an efficient cost base, covering all value adding processes. Ambienta purchased 60% of the company in May 2010 and increased its stake up to 100% in May 2016. In November 2018, Ravelli was sold to Jøtul AS, a Norwegian wood stove manufacturer owned by OpenGate Capital.
Environmental Thesis
Amongst many other benefits, LED lighting consumes less energy, has a longer lifespan and therefore requires less replacement and emits less CO2 emissions in comparison to other alternate lighting technologies such as halogen and fluorescent. LED lighting penetration has a long way to go with only an estimated c. 50% of lighting installations today in Europe using LED technology: with a substantial proportion of the existing installed lighting stock consisting of legacy, less sustainable lighting technologies, there remains a significant benefit from continued LED substitution.
Wood pellets are a recycled, renewable resource that does not contribute to increasing CO2 in the atmosphere, making them an environmentally friendly fuel source. Moreover, due to the unique composition of wood pellets, they produce a far greater heat output and far lower particulate emission than regular wood The low moisture content in wood pellets helps keep the efficiency of the stove very high (above 80% on average).
Overview
Ravelli Group is an Italian pellet stove specialist with a comprehensive product portfolio synonymous for innovation and design. The company boasts strong brand awareness in Italy and Europe, where it sells its products via an extensive network of agents and distributors.
Centralized in‐house manufacturing in Italy enables Ravelli to ensure premium quality and an efficient cost base, covering all value adding processes. Ambienta purchased 60% of the company in May 2010 and increased its stake up to 100% in May 2016. In November 2018, Ravelli was sold to Jøtul AS, a Norwegian wood stove manufacturer owned by OpenGate Capital.
Environmental Thesis
Amongst many other benefits, LED lighting consumes less energy, has a longer lifespan and therefore requires less replacement and emits less CO2 emissions in comparison to other alternate lighting technologies such as halogen and fluorescent. LED lighting penetration has a long way to go with only an estimated c. 50% of lighting installations today in Europe using LED technology: with a substantial proportion of the existing installed lighting stock consisting of legacy, less sustainable lighting technologies, there remains a significant benefit from continued LED substitution.
Wood pellets are a recycled, renewable resource that does not contribute to increasing CO2 in the atmosphere, making them an environmentally friendly fuel source. Moreover, due to the unique composition of wood pellets, they produce a far greater heat output and far lower particulate emission than regular wood The low moisture content in wood pellets helps keep the efficiency of the stove very high (above 80% on average).