Lennox International sells Electrical Products Division assets to Emerson

Lennox International sold the assets of its Electrical Products Division (open coil heating elements for HVAC) to Emerson; financial terms were not disclosed and the impact was deemed immaterial.

“Lennox International Inc. (LII) sold the assets of its Electrical Products Division (EPD) business, part of its Advanced Distributor Products division, to Emerson.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.