# LG Electronics acquires water heating solutions provider OSO

LG Electronics has signed an agreement to acquire a 100 percent stake in OSO, a European provider of water heating solutions, to strengthen its HVAC portfolio.

- Type: Acquisition
- Announced: 2025-06-30
- Where: Hokksund, Norway
- Status: announced
- Products: water heating solutions, electric water heaters, thermal storage systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [LG Electronics](https://endata.com/companies/11457.md) (acquirer)
- [OSO Hotwater Group](https://endata.com/companies/71222.md) (target)
- [OSO](https://endata.com/companies/85663.md) (target)

## Sources

- [lg.com](https://www.lg.com/global/business/insights/hvac/news/lg-acquires-premium-water-heating-solutions-provider-oso-to-strengthen-hvac-portfolio/), 2025-06-30: "The strategic acquisition will further fortify LG’s comprehensive heating, ventilation and air conditioning (HVAC) portfolio"
- [kedglobal.com](https://www.kedglobal.com/us/mergers-acquisitions/newsView/ked202506300009), 2025-06-30: "It (the OSO acquisition) is a key milestone on our path to global leadership in the HVAC market."
- [pumpindustry.com.au](https://www.pumpindustry.com.au/lg-to-expand-its-hvac-portfolio-with-european-acquisition/), 2025-07-02: "The strategic acquisition will further fortify LG's comprehensive heating, ventilation and air conditioning (HVAC) portfolio and accelerate the company's ambition to become a top-tier player in the HVAC industry."

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