May 28, 2024PARTNERSHIPTexas, United States Samsung and Lennox form HVAC joint venture
Samsung and Lennox signed an agreement to form a joint venture, Samsung Lennox HVAC North America, to sell ductless AC and heat pump products in the United States and Canada. Samsung owns 50.1% and Lennox 49.9%.
Productsductless ACheat pumpsmini-splitmulti-splitVRF systems
“This joint venture represents the union of two outstanding brands with strong market positions and deep customer trust.”prnewswire.com
- 2 sources
- prnewswire.comSamsung and Lennox Announce the Establishment of a Joint Venture for Ductless Mini Split, AC, Heat Pump, and Variable Refrigerant Flow HVAC Systems in the United States and CanadaLennox International Inc.May 28, 2024
- kedglobal.comSamsung to deepen foray in US HVAC market with Lennox - KED GlobalChae-Yeon KimMay 28, 2024
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