Lennox sells European commercial HVAC and refrigeration business to Syntagma Capital

Lennox entered into an agreement to sell its European commercial HVAC and refrigeration businesses, headquartered in Lyon, to funds managed by Syntagma Capital. The deal covers manufacturing and distribution in Europe, the Middle East, and Africa, with three production facilities in France and Spain.

“The agreement to sell the European commercial HVAC and refrigeration business will be the best way to bring closure to our portfolio simplification decision announced last year.”coolingpost.com

• 6 sources
• coolingpost.comLennox sells European business - Cooling PostNeil EverittSep 21, 2023
• refindustry.comAcquisition by SYNTAGMA Capital signals a bright new future for Lennox EMEA - RefindustrySep 22, 2023
• achrnews.comLennox to Sell European Commercial HVACR Businesses | ACHR NewsBy: Matt JachmanSep 22, 2023
• businesswire.comSYNTAGMA CAPITAL Enters Into Exclusive Negotiations to Acquire Lennox’ European Commercial HVAC and Refrigeration DivisionsMarie CiparisseSep 25, 2023
• achrnews.comFYI: News Briefs in HVAC - October 9, 2023 | ACHR News

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