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Lennox entered into an agreement to sell its European commercial HVAC and refrigeration businesses, headquartered in Lyon, to funds managed by Syntagma Capital. The deal covers manufacturing and distribution in Europe, the Middle East, and Africa, with three production facilities in France and Spain.
Wolseley Climate and Friga-Bohn (part of Lennox EMEA) signed an agreement to boost growth in customized and semi-customized refrigeration solutions for the industrial segment in the UK.