# 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%.

- Type: Partnership
- Announced: 2024-05-28
- Where: Canada and the U.S., United States
- Status: announced
- Products: ductless HVAC systems, variable refrigerant flow (VRF) systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Samsung Electronics](https://endata.com/companies/647.md)
- [Lennox](https://endata.com/companies/328.md) (partner)
- [Samsung Electronics](https://endata.com/companies/647.md) (partner)

## Sources

- [canadianconsultingengineer.com](https://www.canadianconsultingengineer.com/products/new-jv-to-sell-vrf-and-ductless-hvac-systems-in-canada-u-s/), 2024-05-28: "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."
- [en.yna.co.kr](https://en.yna.co.kr/view/AEN20240528009100320), 2024-05-28: "The newly established JV, named Samsung Lennox HVAC North America, will sell ductless AC and heat pump products in the U.S. and Canada."
- [contractingbusiness.com](https://www.contractingbusiness.com/industry-news/news/55042888/move-over-metus-samsung-lennox-establish-joint-venture), 2024-05-28: "It is a great pleasure to take the first step in creating a long-term HVAC industry-leading partnership with Lennox."

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