Taco Family of Companies has acquired the Taconova Group, a manufacturer of hydronic solutions for heating, plumbing, and solar energy applications in residential and commercial buildings.
Headquartered in Zurich, Switzerland, Taconova has more than 55 years of experience in creating intelligent building technology solutions. The company offers hydronic balancing, underfloor heating, distribution technology, system technology and valves. Taconova’s markets include Switzerland, Germany, Austria, Italy, and Poland.
John Hazen White, Sr., second-generation owner of Taco, started Taconova in 1961 as a European trading company for Taco, Inc. of Cranston, R.I., before selling it to the Guinness Group in 1980.
“We are thrilled to be welcoming Taconova back into the Taco Family,” said John Hazen White, Jr., Taco’s current owner and executive chairman of the board. “The reputation of the Taconova brand will help further strengthen our presence in Europe, which began in 2015 with the acquisition of Askoll Sei, a world-class manufacturer of high-efficiency pumps located in Sandrigo, Italy.”
“In addition to providing a strong brand, Taconova will give us access to northern European markets, broaden our product offering in the whole of Europe to include valves and systems, add a competence center for engineering expertise, and provide additional manufacturing capability to support future growth,” said Wil VandeWiel, CEO of Taco.
Through its three industry segments—Taco Comfort Solutions, Taco Industrial Solutions, and Taco International—Taco manufactures residential, commercial, and industrial products for HVAC heating and cooling, plumbing, agriculture, and mining applications. The company has sales and manufacturing locations in the United States, Canada, Italy, the Netherlands, Vietnam, China, South Korea, and Hong Kong.