Samsung and Lennox Announce the Establishment of a Joint Venture for Ductless Mini Split, AC, Heat Pump, and Variable Refrigerant Flow HVAC Systems in the United States and Canada [Yahoo! ...
Lennox International, Inc. (LII)
Last lennox international, inc. earnings: 4/20 07:30 am
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Source: Yahoo! Finance
DALLAS May 28, 2024 /PRNewswire/ -- Lennox (NYSE: LII), a leading provider of innovative climate solutions in the HVACR industry, and Samsung, a trusted global brand with 40 years of innovative HVAC technology, are pleased to announce they have signed an agreement forming a joint venture to sell ductless AC and heat pump(mini-split, multi-split, VRF) products in the United States and Canada . The newly established joint venture will be called Samsung Lennox HVAC North America. Samsung will own 50.1% of the joint venture and Lennox will own the remaining 49.9%. As product requirements for ducted and ductless AC and heat pump systems move together, the synergies of having both offerings for customers are becoming greater. The joint venture brings together Samsung, a trusted global brand with 40 years of innovative HVAC technology, and Lennox, a leading North American HVAC original equipment manufacturer (OEM) and direct distribution leader, in a partnership that will provide outsta
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LII
News
- Lennox International Inc. (NYSE: LII) had its price target raised by analysts at TD Cowen from $550.00 to $600.00. They now have a "buy" rating on the stock.MarketBeat
- US HVAC Equipment Market Report 2024: Trends, Forecast and Competitive Analysis to 2030 Featuring Lennox International, Nortek, United Technologies, Emerson Electric, & LSB Industries [Yahoo! Finance]Yahoo! Finance
- Lennox Named Best Overall and Most Efficient Air Conditioner Brand by Forbes Home [Yahoo! Finance]Yahoo! Finance
- Lennox Named Best Overall and Most Efficient Air Conditioner Brand by Forbes HomePR Newswire
- Lennox International (NYSE:LII) Will Pay A Larger Dividend Than Last Year At $1.15 [Yahoo! Finance]Yahoo! Finance
LII
Earnings
- 4/24/24 - Beat
LII
Sec Filings
- 6/4/24 - Form 3
- 5/30/24 - Form SD
- 5/23/24 - Form 8-K
- LII's page on the SEC website