Divestiture Sep 2023 · Lyon, France Verified
Lennox International to sell European commercial HVAC and refrigeration businesses to Syntagma Capital
Lennox International Inc. announced an agreement to sell its European commercial HVAC and refrigeration businesses, based in Lyon, France, to funds managed by Syntagma Capital. The transaction is expected to close in Q4 2023, subject to consents and customary conditions.
“On September 21, 2023, Lennox International Inc. (the “Company”) announced that it had entered into an agreement to sell its European commercial HVAC and refrigeration businesses, headquartered in Lyon, France, to funds managed by Syntagma Capital.”
Entities
Lennox International · Target Syntagma Capital · Acquirer
HVACRefrigeration Sentiment: Neutral
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