# LG Electronics acquires Norway's OSO Hotwater

LG Electronics has signed a deal to acquire a 100% stake in OSO Hotwater, a Norwegian provider of water heating solutions, to strengthen its HVAC business.

- Type: Acquisition
- Announced: 2026-05-18
- Where: Hokksund, Norway
- Status: announced
- Products: electric water heaters, stainless steel thermal storage systems, heat pump systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [LG Electronics](https://endata.com/companies/11457.md) (acquirer)
- [OSO Hotwater Group](https://endata.com/companies/71222.md) (target)

## Sources

- [europesays.com](https://www.europesays.com/korea/20751/), 2026-05-18: "It (the OSO acquisition) is a key milestone on our path to global leadership in the HVAC market."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.