Samsung and Lennox form HVAC joint venture in North America

Samsung Electronics and Lennox are establishing a joint venture, Samsung Lennox HVAC North America, to sell ductless and VRF systems in Canada and the U.S. Samsung will own 50.1% and Lennox 49.9%.

“The JV will distribute Samsung’s ductless products in Canada and the U.S., as well as ‘Lennox powered by Samsung’ branded products through Lennox’s stores and direct-to-dealer network.”canadianconsultingengineer.com

• 3 sources
• canadianconsultingengineer.comNew JV To Sell VRF And Ductless HVAC Systems In Canada, U.S. - Canadian Consulting EngineerMay 28, 2024
• en.yna.co.krSamsung, Lennox set up HVAC joint venture in U.S., Canada | Yonhap News AgencyPark Sang-sooMay 28, 2024
• contractingbusiness.comMove Over, METUS! Samsung, Lennox Establish Joint Venture | Contracting BusinessMay 28, 2024

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