Lennox and Ariston form joint venture for North American water heater market

Lennox and Ariston Group announced a joint venture, Ariston Lennox Water Heating North America, to offer residential water heaters in the United States and Canada. Ariston USA will hold 50.1% and Lennox 49.9%. Operations are expected to begin after standard closing conditions are met, with Lennox-branded water heaters available starting in 2026.

“This joint venture aligns with our strategy to deliver accelerated growth by expanding our product offerings within the residential market, further strengthening our customer relationships.”refindustry.com

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• refindustry.comLennox and Ariston form joint venture for North American ...May 28, 2025

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