Ravelli Group

What Ravelli Group does

Ravelli Group, operating through the legal entity JOTUL ITALIA S.R.L., is an Italian manufacturer of pellet and wood-based residential heating appliances — stoves, fireplace inserts, boilers, and pellet cookers — sold under the Ravelli brand and organized around five proprietary heating-system architectures (Convection, Air, Flow, Hydro, Cooking). The company is headquartered operationally in Chiari (Brescia) with a registered office in Milan and an R&D center in Verona, and operates wholly-owned subsidiaries in France and the United States. Its product portfolio spans 80–90+ models, including flagship units such as Block 7 (A++ energy class, 94.2–95.4% efficiency), and integrates proprietary technologies developed in-house: Firex 600/700 vermiculite combustion chambers, the Smart Firepot self-cleaning brazier, RDCS double-cleaning system, Hermetic System for sealed-room installation, Cast Iron Heat Exchanger, K Probe flame-temperature sensing, and a Smart Tech electronics platform with Wi-Fi connectivity managed via the Ravelli Smart Wi-Fi mobile app.

The business model is hardware sales through an exclusive, indirect channel: Ravelli does not sell directly to end consumers or online. Products reach customers exclusively through a trained authorized dealer network with 200+ service centers in Italy and additional dealer/distributor coverage across 42 countries on five continents. End customers are residential homeowners (with a secondary service/training audience of professional installers), purchasing either whole-home solutions — hydro boilers, ducted Flow systems, and cooking-integrated appliances — or single-room stoves and fireplace inserts. Pricing is not publicly disclosed and is set at the dealer level. Revenue economics are augmented by recurring-adjacent after-sales demand for spare parts, warranty service, and government-subsidy-eligible replacement cycles tied to programs such as Italy's Conto Termico 2.0 (up to 65% incentive) and France's MaPrimeRénov.

Ownership and corporate structure: Ravelli has been owned by OpenGate Capital, a private equity firm, since November 2018, when it was acquired alongside Norway-based Jøtul Group under a buy-and-build strategy intended to generate synergies between two complementary European wood-and-pellet heating brands. The company transitioned from a family business to a professionally managed organization under PE ownership, and it maintains a dense regulatory and certification footprint — Ecodesign 2022, EN 14785/13240/303-5/13229, TÜV, IMQ, Kiwa, CSA Group, HETAS, Flamme Verte, Aria Pulita, BlmSchV2, BAFA, 15a BVG, VKF-AEAI, EkoSklad, Environment Canterbury, and a pending US QMID for the Section 25C federal tax credit — that collectively secures market access and subsidy eligibility across Europe, North America, and Oceania.

Name

Ravelli Group

Legal name

JOTUL ITALIA S.R.L.

Website

http://www.ravelligroup.it

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

101–250 employees

Short description

Ravelli Group is an Italian manufacturer of pellet and wood stoves, fireplaces, boilers, and cookers, selling exclusively through an authorized dealer network across 42 countries to residential homeowners seeking energy-efficient home heating solutions.

Ownership category

akta.pro rank

Product category

Residential Heating Appliances

NAICS

Household Appliance Manufacturing (3352), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341)

SIC

Household Appliances (3630), Heating Equipment, Except Electric & Warm Air Furnaces (3433)

akta.pro primary industry

Specialty Kitchen Appliances Retail (Sous Vide, Dehydrators, Ice Cream) (CRACADAF)

Keywords

• Pellet stoves
• Wood heating appliances
• Residential heating systems
• Biomass boilers
• Pellet fireplaces

Headquarters

HQ city

Palazzolo

HQ country

Italy

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Heating Appliance Sales: Revenue generated from the sale of pellet and wood stoves, fireplaces, boilers, and cookers through an authorized dealer network. Products are sold as complete units with various power ratings and features.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Ravelli Group manufactures and sells a portfolio of over 80 models of pellet and wood-burning residential heating appliances, including stoves (stufe), fireplace inserts (camini), boilers (caldaie), and cookers (cucine). Products are organized around five heating systems — Convection, Air, Flow, Hydro, and Cooking — and are complemented by the Ravelli Smart Wi-Fi mobile application for remote scheduling and control. Sales are made exclusively through certified authorized dealers and technical service centers, with wholly-owned subsidiaries in the USA and France.

Product overview

Ravelli Group offers a comprehensive portfolio of over 80 models of pellet and wood heating products, including stoves (Stufe), fireplaces/inserts (Camini), boilers (Caldaie), and cookers (Cucine). The product line is organized around five distinct heating systems: Convection (natural heat distribution), Air (forced ventilation), Flow (ducted multi-room heating), Hydro (water heating), and Cooking (combined heating and cooking). Products range from single-room pellet stoves like Stilo, Aria, Block 7, and Circular 7 to whole-home solutions including hydro boilers and ducted systems. The portfolio is complemented by the Ravelli Smart Wi-Fi mobile app for remote control and monitoring. All products are designed in Italy with a focus on combining Italian design aesthetics with innovative heating technology, and are distributed through a network of specialized dealers across 42 countries on 5 continents.

Differentiator

Problem solved

Functional benefit

Products and services

• Pellet and Wood Stoves (Stufe) Pellet and wood-burning stoves for residential heating, organized by heating system type — Convection (natural heat distribution), Air (forced ventilation), Flow (ducted multi-room), Hydro (water heating), and Cooking (combined heating/cooking). Distributed exclusively through authorized Ravelli dealers for installation by certified personnel.
• Pellet and Wood Fireplaces / Inserts (Camini) Fireplace inserts available in Convection, Air (ventilated), Flow (ducted), and Hydro configurations for heating single rooms, multiple rooms, or entire homes. Distributed through authorized Ravelli dealers.
• Pellet and Wood Boilers (Caldaie) Residential heating boilers available in Hydro, Pellet, and Wood variants for complete home heating solutions. Distributed exclusively through authorized Ravelli dealers.
• Pellet Cookers (Cucine) Pellet cookers that combine traditional cooking with pellet-fueled heating through Ravelli's Cooking system. Distributed exclusively through authorized Ravelli dealers.
• Ravelli Smart Wi-Fi Mobile App Mobile application allowing owners of Ravelli heating appliances to program on/off cycles, set optimal power levels, manage heating calendars and schedules, and monitor their stove remotely over WiFi.

Quantifiable outcome

• Conto Termico incentive up to 65% for replacing existing heating systems
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Scale indicators6 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Palazzetti: Italian family-owned manufacturer of pellet stoves, fireplaces, and heating systems with overlapping product categories, distribution model, and design-forward brand positioning. Direct competitor particularly in the Italian and European premium segment.
• MCZ Group: Italian manufacturer of pellet stoves, fireplaces, and biomass boilers with comparable product range, distribution through dealer networks, and similar proprietary combustion technologies. Direct competitor in the Italian and European pellet heating market.
• Piazzetta: Italian manufacturer of pellet stoves and fireplaces with comparable design heritage, Made-in-Italy positioning, and dealer network distribution. Direct competitor in residential pellet heating across European markets.
• Jøtul: Norwegian heritage manufacturer of wood stoves and fireplaces, owned by the same PE sponsor (OpenGate Capital) and sister brand to Ravelli within the Jøtul Group portfolio. Comparable product categories (cast iron stoves, fireplaces) with complementary geographic strengths.
• Thermorossi: Italian pellet stove and fireplace insert manufacturer with overlapping product lines and similar distribution through specialized dealers. Competes in the same mid-to-premium residential pellet heating segment across Italy and Europe.
• HearthStone Quality Home Heating Products: US-based manufacturer of wood and pellet stoves and inserts with dealer-based distribution. Comparable product category focused on North American market, where Ravelli is expanding via its US subsidiary.
• Quadra-Fire: North American pellet and wood stove brand owned by Hearth & Home Technologies, with strong US dealer network and CSA-certified products. Competes with Ravelli's US subsidiary in the North American pellet stove market.
• Contura (Nibe Group): Swedish manufacturer of wood stoves and fireplaces owned by Nibe Group, a major European heating company. Comparable product categories (wood/pellet stoves, inserts) with similar smart connectivity features and broad European dealer network.
• Edilkamin: Major Italian pellet and wood stove manufacturer offering a similar product range (stoves, inserts, boilers) with dealer-based distribution. Competes head-to-head with Ravelli across Italian and European markets with comparable smart connectivity features.
• SCAN (Jøtul Group): Danish wood stove manufacturer also part of the Jøtul Group portfolio under OpenGate Capital, focused on premium wood-burning stoves and inserts. Comparable in product category and premium positioning, with strong presence in Scandinavian and Northern European markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/Ravelligroup
• Facebookfacebook.com/Ravellifuocointelligente
• Instagraminstagram.com/ravellistufe

Compliance23 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ravelli Group