Lennox to sell Hyfra Process Cooling business to Glen Dimplex

Lennox has entered into a definitive agreement to sell its Hyfra Process Cooling business unit, headquartered in Krunkel, Germany, to the Glen Dimplex Group. The transaction is expected to close in Q4 2023.

“Divesting this European business will enable us to continue our focused strategy on North America where we are best positioned to achieve our revenue growth and profit margin targets.”coolingbestpractices.com

• 2 sources
• coolingbestpractices.comLennox to Sell European Process Cooling Business to Glen Dimplex | Chiller & Cooling Best PracticesChiller, Cooling Best PracticesOct 20, 2023
• riedel-kooling.comGlen Dimplex Group acquires Hyfra Industriekühlanlagen GmbH in Germany. | Riedel Kooling | Glen Dimplex Precision CoolingManaging Director of Hyfra Industriekühlanlagen GmbHNov 15, 2023

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