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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Lennox Expands HVAC Portfolio With $550 Million NSI Division Purchase

Lennox NSI HVAC Sentinel LII NYSE
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Lennox International, Inc. (NYSE:LII) announced Thursday that it has completed the purchase of the HVAC Division of NSI Industries from Sentinel Capital Partners in a cash transaction valued at approximately $550 million.

The deal includes the well-known Duro Dyne and Supco brands, marking a significant expansion of Lennox’s heating, ventilation, and air conditioning portfolio.

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