# 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.

- Type: Acquisition
- Announced: 2023-10-20
- Where: Krunkel, Germany, Germany
- Status: announced
- Products: process cooling equipment
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Lennox](https://endata.com/companies/328.md)
- [Hyfra Industriekühlanlagen GmbH](https://endata.com/companies/72240.md) (target)
- [Glen Dimplex Group](https://endata.com/companies/73154.md) (acquirer)

## Sources

- [coolingbestpractices.com](https://coolingbestpractices.com/industry-news/lennox-sell-european-process-cooling-business-glen-dimplex), 2023-10-20: "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."
- [riedel-kooling.com](https://www.riedel-kooling.com/en-de/news/glen-dimplex-group-acquires-hyfra), 2023-11-15: "The Glen Dimplex Group announces the acquisition of Hyfra Industriekühlanlagen GmbH."

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