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Riello and Eni gas e luce Enter Strategic Alliance

Left to Right: Alberto Chiarini, CEO, Eni gas e luce; Umberto Ferretti, CEO, Riello Group
Left to Right: Alberto Chiarini, CEO, Eni gas e luce; Umberto Ferretti, CEO, Riello Group

Oct. 11, 2017

Riello is pleased to announce a new strategic alliance with Eni gas e luce, which supplies gas for the domestic heating segment and is a wholly-owned subsidiary of Eni SpA. As part of Eni’s new expanded services to customers, Eni gas e luce will now offer Riello’s heating and air conditioning products and services for residential applications. With wall boilers, water heaters and air conditioners as well as installation, maintenance and after-sales services - and a reputation for quality, reliability and sustainability - Riello is uniquely qualified to provide such services. Riello Group, a leader in products and services for heating, air conditioning and energy efficiency, is a part of UTC Climate, Controls & Security, a unit of United Technologies Corp. (NYSE: UTX).

"This project has great potential and will enable Eni’s customers to access Riello’s products, know-how and skills. It is an innovative alliance that brings together two historic Italian companies that are synonymous with industrial innovation and entrepreneurial excellence in our country,” says Umberto Ferretti, CEO of the Riello Group. “This agreement is illustrative of the benefits of collaboration to drive synergy and we look forward to working together.”

Eni gas e luce is a leader in the Italian gas supply segment, operating in four countries in Europe with 9 million customers. As part of this new agreement, Eni gas e luce will also provide support through its end-user network with targeted marketing and co-marketing activities.

For its part, Riello has pledged to develop and supply innovative products for the segment and manage logistics and pre-sales. It will leverage its 600-strong Authorized Technical Services (STA) network, which provides maintenance and technical support for Riello products in Italy, complementing the nationwide Riello sales organization.

Customers accessing after-sales and technical support will also benefit from the collaboration of two facilities, the STA Riello and Eni Energy Store, which will create a larger professional network across the country.

For more information about this new alliance or Riello products and services, visit www.riellogroup.com.

About Riello Group
Founded in 1922, Riello Group is a leader in products and services for heating, air-conditioning and energy efficiency. Headquartered in Legnago (Verona), Italy, Riello operates in over 120 countries. Riello is a part of UTC Climate, Controls & Security, a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide. For more information, visit www.riellogroup.com.