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Divestiture May 2016 · Oklahoma City, Oklahoma, USA Verified

LSB Industries divests its Climate Control Business to focus on Chemical Business

LSB framed the sale of CCG as a milestone in its strategic transformation, divesting one of its two divisions to focus on growing its Chemical Business.

“This sale represents another successful milestone in the strategic transformation of LSB. We look forward to continuing to grow our Chemical Business and wish NIBE/CCG a very successful future,”

Entities

LSB Industries Inc. · Parent NIBE Industrier AB · Acquirer The Climate Control Group Inc. · Subsidiary
HVAC
Source: www.achrnews.com

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.