ACR-News
Know what you want? Try our 'Supplier Directory' 

Lennox to sell US residential contracting business

USA: Lennox International plans to sell its residential and small commercial air conditioning and heating contracting business.
Lennox Service Experts currently consists of dealer-contractors providing heating and cooling equipment installation and service primarily to the residential market. Lennox National Account Services (NAS), its commercial service business, will not be included in the sale.

Revenue for the Service Experts business segment was $529m in 2011, $80 million of which was from the NAS business.

'Lennox International is affiliated with thousands of independent dealer-contractors serving the residential market across North America with our Lennox and Allied brands of equipment,' said chairman and ceo Todd Bluedorn.

'Service Experts consists of 108 dealer-contractor branches, and strategically, it is not necessary for these to be owned by the company. With the recovery in the North American residential market this year and the interest from potential acquirers, we are planning to sell this business as well as establish a supply agreement for our equipment with the future owner of Service Experts.'

The IOR Annual Conference – a conference on-demand

Delegates to the IOR Annual Conference taking place from 21 to 22 April will get the chance to access the event live and all sessions and recordings for up six months afterwards providing fantastic value and allowing anyone registering for the event ...

  01-Apr-2021

New Design Envelope Tango ensures uninterrupted service

Armstrong has introduced larger sizes of the Design Envelope Tango, a compact, low-carbon dual pump that ensures uninterrupted service, even during maintenance.? The Design Envelope Tango includes two motors and two impeller assemblies in a single ...

  28-May-2025

Sanhua’s REVOlution for supermarket refrigeration

SANHUA is proud to present its latest innovation in refrigeration technology – the REVO series of controllers. Designed to provide a wide range of applications, the REVO controllers offer high performance and efficiency, ensuring that your refrigerated cabinets maintain optimal conditions for fresh food preservation.
  02-Apr-2025
ACR News is the number one magazine in the air conditioning and refrigeration industry. Don’t miss out, subscribe today!
Subcribe to ACR News

Diary

BESA Annual Conference & Awards