CAN S.r.l acquired by Airxcel

CAN S.r.l acquired by Airxcel

Near the end of 2019 Airxcel announced they are expanding into Europe forming Airxcel Europe (AirxEU) and in doing so, acquiring Italian cookware supplier CAN S.r.l.

A partnership between the two companies was already in the works in early 2019, when Suburban (a division of Airxcel) obtained distribution rights for CAN S.r.l. in the North American RV marketplace.

Newly formed AirxEU will be led by former CAN partner and caravan industry veteran, Paolo Moresco. For more than 40 years, Moresco and his family built SMEV S.r.l. into a revered supplier of RV cookware and appliances to the European RV market until he sold the business to Dometic in 2007, according to the company. He proceeded to lead the hobs division of Dometic and was appointed managing director of the Bassano, Italy, and Slovakia operations and product manager for cooking worldwide until 2014.

Subsequent to his time at Dometic, Moresco became the majority shareholder of Brescia, Italy-based CAN S.r.l. In 2018, Moresco oversaw the negotiation of an exclusive partnership agreement between CAN and Airxcel's Suburban division for the distribution of Italian cooktops to the North American RV market.

With the expansion into Europe, representatives from both parties have voiced enthusiasm for what the future brings.

Jan 8th 2020 Ethan Sweet

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