Sales boost for LG but no bid for Goodman

ACR-News

Add my company

Know what you want? Try our 'Supplier Directory'

All

Sales boost for LG but no bid for Goodman

LG Air Conditioning saw worldwide sales increase by 50.5% in the last quarter of 2010, compared to the same period in 2009. Full year sales reached $4.2bn, 12.2% higher than 2009.
Significant growth was experienced in Middle East, Africa, Central and South America and stronger overseas commercial ac sales.

The Korean manufacturer also confirmed that it would not be making a bid for US air conditioner manufacturer Goodman Global despite being approached by San-Francisco-based private equity firm Hellman & Friedman. Japanese manufacturer Daikin is still considering making a bid.

Printable View E-mail Bookmark

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

Enter the Clivet Assen Superbikes Competition!

Win hotels, flights, and VIP Tickets for two to watch Mikey Hardie #93 up close and personal and have the VIP Experience at British Superbikes in Assen, Netherlands....

22-Apr-2025

Latest supplier news

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

Subscribe to ACR News

ACR News is the number one magazine in the air conditioning and refrigeration industry. Don’t miss out, subscribe today!