Ravelli Group is an Italian pellet stove specialist with a comprehensive product portfolio. It operates an in-house manufacturing in Italy and boasts strong brand awareness in Italy and Europe, where it sells its products via a strong network of agents and distributors. Ravelli employs approximately 150 people and generated 2014 sales of €51 million, with an EBITDA margin of over 14%. Ambienta purchased 60% of Ravelli in May 2010. It will further help Ravelli to accelerate and expand its business in Italy and abroad through growth in the countries where it already operates and penetration in new markets, even outside Europe.