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Lennox International Mergers & Acquisitions

Lennox International M&A Summary

Lennox International has acquired 4 companies, including 1 in the last 5 years. It has also divested 4 assets.

Lennox International’s largest acquisition to date was in 2025, when it acquired NSI Industries - HVAC Division for $550M. It’s largest disclosed sale occurred in 2019, when it sold Kysor/Warren to Epta for $49M. Lennox International has acquired in 3 different US states. The Company’s most targeted sectors include business services (25%) and consumer services (25%).

M&A Summary

  • M&A Total Activity8
    • M&A Buy Activity4
    • M&A Sell Activity4
  • Total Sectors Invested 4
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 6

Lennox International

Lennox International, Inc.

2140 Lake Park boulevard,
Richardson, Texas 75080
United States,
(972) 497-5000
www.lennoxinternational.com

All (8) Buy (4) Sell (4)
Date Target Value
$mlns 		Transaction Type Acquirer Seller SRC
Link
2025-08-18 NSI Industries' HVAC Division · Business Services
Huntersville, North Carolina

NSI Industries' HVAC Division includes Duro Dyne, Supco, and other critical component and accessory brands. It delivers a comprehensive, integrated portfolio of parts and supplies supported by enhanced digital and distribution capabilities across North America that elevate the customer experience.

550 Divestiture

Lennox International

NSI Industries


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