M&A Deal Summary

Lennox International Acquires Heatcraft

On January 1, 1973, Lennox International acquired machinery company Heatcraft

Acquisition Highlights
  • This is Lennox International’s 1st transaction in the Machinery sector.
  • This is Lennox International’s 1st transaction in the United States.
  • This is Lennox International’s 1st transaction in Georgia.

M&A Deal Summary

Date 1973-01-01
Target Heatcraft
Sector Machinery
Buyer(s) Lennox International
Deal Type Add-on Acquisition

Target

Heatcraft

Stone Mountain, Georgia, United States
Heatcraft, Inc. is a manufacturer of electric heating and cooling components such as coils, condensing units, and copper tubing.

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Buyer(S) 1

Buyer

Lennox International

Richardson, Texas, United States

Category Company
Founded 1895
Sector Test/Measurement Equipment
Employees12,600
Revenue 5.0B USD (2023)
DESCRIPTION
Lennox International's corporate headquarters in Richardson, Texas.
Lennox International's corporate headquarters in Richardson, Texas.

Lennox International is a provider of climate control solutions for the heating, air conditioning and refrigeration markets. Lennox International was formed in 1895 and is based in Richardson, Texas.


DEAL STATS #
Overall 1 of 3
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Georgia) 1 of 2
Country (United States) 1 of 3
Year (1973) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-05-03 Service Experts

Richardson, Texas, United States

Service Experts LLC is a provider of HVAC services, including inspections, maintenance, sales and equipment installation.

Buy $300M