History

History

1975
founding of VASCO (= Vaessen Convectors)

1980
turnover of approx. 2 mio. euro in Belgium

1984
start of production of decorative radiators

1990

acquisition of Thermic Line Design (part of the Radson-Group)

1998
acquisition of VASCO by American multinational Masco Corporation

2005
integration of brands VASCO (design radiators), Thermic (design radiators), Brugman (panel radiators) and Superia (panel radiators) within The Heating Company

2008
re-acquisition of The Heating Company by Vaessen Industries

2010
introduction of ventilation range in Belgium and The Netherlands 

2012

in-house production of VASCO-underfloor heating tubes

further expansion of renewable energy capabilities by acquisition of Alenco

2014
renaming of The Heating Company into Vasco Group (all brands under Vasco Group-umbrella)

Termination of Thermic-brand 

2017

introduction of Niva fancoil convector, expanding the product range with "Cooling" as 4th product group

17 May 2018

Vaessen Industries sells the Belgian Vasco Group to the Arbonia Group, a Swiss building supplier.