Ned Air

Ned Air is a brand operating under the Italy-based Ariston Group (Ariston Holding N.V. / Merloni Family), a global specialist in heating and water heating solutions. The boycott against Ned Air stems directly from the industrial footprint, manufacturing investments, and acquisitions of its parent company, Ariston, in israel.

Core Boycott Reasons:

• Acquisition of Chromagen & Kibbutz Ties: In January 2022, Ariston Group acquired 100% of israeli solar thermal technology pioneer Chromagen (formerly owned by Kibbutz Sha'ar Ha'Amakim) for approximately 130 million NIS. As of February 2026, Ariston announced the expansion of solar collector manufacturing capacity in israel, officially establishing the country as its strategic global production hub for water heating.
• Atmor Industries Acquisition: In October 2017, Ariston Thermo acquired a majority stake in Kfar-Saba based electric water heater manufacturer Atmor, consolidating direct R&D, production, and distribution facilities within israel.
• Consolidated Revenue Contribution: Revenue and profits generated by Ned Air contribute directly to Ariston Group's overall financial standing, thereby supporting the group's continued capital deployment and industrial operations in israel.

Consequently, Ned Air is subject to boycott as an integral commercial asset of Ariston Group. For comprehensive documentation and the full case report, please visit the primary Ariston boycott dossier.