Rettig ICC

Rettig ICC, short for Rettig Indoor Climate Comfort, is a European manufacturer of domestic heating systems, with household radiators forming the core of its business. The company is part of the Finnish Rettig Group and has been described as Europe's largest manufacturer of domestic heating systems. Its activities are organized around a portfolio of established heating brands and manufacturing or distribution operations in several European countries. The modern Rettig ICC organization was formed in 2003, following the expansion of the Rettig Group's heating activities through acquisitions. Earlier transactions included the purchase of Myson Radiators in the United Kingdom and Finimetal in France in 2000, followed by the acquisition of Vogel & Noot Wärmetechnik in 2002. These transactions brought together businesses with established positions in national radiator markets and created a broader European platform. The company's brand and operating portfolio has included Myson, Purmo, Vogel & Noot and Finimetal. Myson Radiators is a UK radiator manufacturer with a factory on the Team Valley estate in Gateshead and a distribution centre in County Durham. Rettig's UK activities have also included Purmo, identified in the reference material as the UK's fourth-largest radiator manufacturer, while Myson has been described as the country's second-largest radiator manufacturer. Rettig Ireland operates from Newcastle West and includes a valve factory. Rettig Germany has been associated with Vienenburg in Lower Saxony. Vogel & Noot is associated with Sankt Barbara im Mürztal in Austria, and Finimetal with Villepinte near Paris. Rettig ICC expanded beyond its traditional radiator portfolio with the acquisition of Emmeti of Italy in December 2015. Emmeti broadened the group's presence in indoor climate and heating-related products, although the available reference material does not provide a detailed breakdown of the acquired business's product lines or subsequent integration. Leadership has included Markus Lengauer, Neil MacPherson and Perttu Louhiluoto. Louhiluoto, a Finnish executive and former Metso director, became chief executive in January 2018, succeeding MacPherson. The company operates as a business within the privately held Rettig Group rather than as a separately listed public company. Detailed current financial data, a formal corporate website, exact headquarters information and a complete current executive roster are not established by the supplied sources.

Rettig ICC is the indoor-climate and heating business associated with the Finnish Rettig Group. Its principal activity is the manufacture and sale of domestic heating systems, especially radiators for residential and building applications. The business is presented as a major European radiator manufacturer and operates through a collection of national companies and established brands rather than through a single universally used consumer-facing name. The platform developed through a sequence of acquisitions. In 2000, Rettig bought Myson Radiators in the United Kingdom and Finimetal in France. Myson had been incorporated in the United Kingdom in March 1960 and operated a factory in Gateshead, on the Team Valley estate. It also maintained a UK distribution centre on the Drum Industrial Estate near Chester-le-Street in County Durham. The acquisition gave Rettig a significant position in the UK radiator market and brought the Myson name into its broader heating portfolio. Rettig made another important acquisition in 2002 when it bought Vogel & Noot Wärmetechnik. The business became associated with Vogel & Noot operations in Sankt Barbara im Mürztal, Austria. In 2003, Rettig ICC was formed, with the name representing Rettig Indoor Climate Comfort. The new organization brought together the group's indoor-climate and heating interests, including radiator manufacturing and related components. The company's operating footprint included Rettig Germany in Vienenburg in Lower Saxony and Rettig Ireland in Newcastle West, where the Irish operation included a valve factory. In the United Kingdom, Rettig's portfolio included both Myson and Purmo radiators. The supplied reference material identifies Myson as the second-largest radiator manufacturer in the UK market and Purmo as the fourth-largest. These descriptions indicate the importance of the group’s brands in national distribution channels, although no current market-share figures are available in the cited material. Rettig ICC continued its expansion in 2015 through the acquisition of Emmeti of Italy, completed in December. The transaction added an Italian business to the indoor-climate platform and broadened the group’s geographic and product base. The available source does not specify the purchase price, detailed transaction structure or the precise operational changes following the deal. Leadership during the documented period included Markus Lengauer, Neil MacPherson and Perttu Louhiluoto. MacPherson had previously served as chief executive after Lengauer, and Louhiluoto took over in January 2018. Louhiluoto is Finnish and had previously been a director of Metso. The company remains part of the larger Rettig Group. Because the supplied reference material is principally an encyclopedia entry, it does not establish detailed current ownership, financial performance, headquarters, website information or a complete list of present-day subsidiaries and executives.

• 2018

  Perttu Louhiluoto appointed chief executive

  [1]Rettig ICCen.wikipedia.org

  Perttu Louhiluoto became chief executive in January 2018, replacing Neil MacPherson.

• 2015

  Acquisition of Emmeti

  [1]Rettig ICCen.wikipedia.org

  Rettig ICC acquired Emmeti of Italy in December 2015.

• 2003

  Rettig ICC is established

  [1]Rettig ICCen.wikipedia.org

  Rettig Indoor Climate Comfort was formed to organize the group's indoor-climate and heating activities.

• 2002

  Acquisition of Vogel & Noot Wärmetechnik

  [1]Rettig ICCen.wikipedia.org

  Rettig bought Vogel & Noot Wärmetechnik, adding another established radiator and heating business.

• 2000

  Acquisition of Myson Radiators and Finimetal

  [1]Rettig ICCen.wikipedia.org

  Rettig acquired Myson Radiators in the UK and Finimetal in France as it expanded its European heating platform.

• 1960

  Myson Radiators is incorporated in the United Kingdom

  [1]Rettig ICCen.wikipedia.org

  Myson Radiators, later associated with Rettig ICC, was incorporated in the United Kingdom in March 1960.

A European indoor-climate and residential-heating manufacturer built around radiator brands, national manufacturing operations and a multi-country distribution network.

• Domestic radiators

  Myson radiators

  Myson is a UK radiator brand and one of Rettig ICC's named operating businesses. The brand has a documented UK manufacturing presence in Gateshead and a distribution centre in County Durham. It has been described in the reference material as the second-largest radiator manufacturer in the UK market.

• Domestic radiators

  Purmo radiators

  Purmo is one of the radiator brands owned by Rettig ICC. It forms part of the group's European household-heating portfolio and has had a presence in the UK market, where the supplied reference describes it as the fourth-largest radiator manufacturer.

• Domestic radiators

  Vogel & Noot radiators

  Vogel & Noot represents the radiator and heating activities brought into Rettig's portfolio through the 2002 acquisition of Vogel & Noot Wärmetechnik. The business is associated with operations in Sankt Barbara im Mürztal, Austria.

• Domestic radiators

  Finimetal radiators

  Finimetal is a French radiator brand acquired by Rettig in 2000. Its operations are associated with Villepinte in the northern Paris area and form part of Rettig ICC's multinational radiator portfolio.

• 2015

  Acquire EmmetiM&A

  Background

  Rettig ICC sought to extend its indoor-climate and heating presence in continental Europe.

  Action taken

  Rettig ICC acquired Emmeti of Italy in December 2015.

  Aftermath

  Emmeti became part of the broader Rettig ICC platform, adding an Italian business to the group's portfolio.

  Source

• 2002

  Acquire Vogel & Noot WärmetechnikM&A

  Background

  Rettig continued consolidating heating and radiator businesses before creating Rettig ICC.

  Action taken

  Rettig acquired Vogel & Noot Wärmetechnik.

  Aftermath

  The acquisition added Vogel & Noot to the group's European heating portfolio.

  Source

• 2000

  Acquire Myson Radiators and FinimetalM&A

  Background

  Rettig was expanding its European domestic-heating and radiator activities.

  Action taken

  The group acquired Myson Radiators in the United Kingdom and Finimetal in France.

  Aftermath

  The transactions added established UK and French radiator operations to the group's European platform.

  Source

1. 1Rettig ICCen.wikipedia.org