Founded in 1953 by Pierluigi and Giancarlo De’ Stefani and headquartered in Padua (Northern Italy), SIT Group produces combustion controls, electronics and air management components for a large spectrum of gas devices used primarily by manufacturers of central (e.g. gas boilers), direct (i.e. gas fireplaces) and water heating (gas storage water heaters) appliances. Main product segments include gas valves, electronic boards, sensors, fans and flue exhausts. SIT's current production footprint is distributed across five main countries (Italy, Romania, Mexico, China and Netherlands) and employs c. 1,900 people.
Date of Investment