1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. Norway >
  5. LG Acquires OSO Hotwater

M&A Deal Summary

LG Acquires OSO Hotwater

On June 30, 2025, LG acquired manufacturer OSO Hotwater

Acquisition Highlights
  • This is LG’s 2nd transaction in the Manufacturing sector.
  • This is LG’s 1st transaction in Norway.

M&A Deal Summary
Date 2025-06-30
Target OSO Hotwater
Sector Manufacturing
Buyer(s) LG
Deal Type Add-on Acquisition

Target

OSO Hotwater

Hokksund, Norway
OSO Hotwater offers a complete range of water heating solutions, including electric water heaters, stainless steel thermal storage systems for heat pumps and boilers, and other advanced water heating technologies. OSO Hotwater is based in Hokksund, Norway.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

LG

Seoul, South Korea
Category Company
Founded 1958
Sector Electronics
Employees33,730
Revenue 87.73T KRW (2024)
DESCRIPTION
LG office in San Jose, California.
LG office in San Jose, California.

LG is a South Korean holding company. Its principal activities include the manufacture of electronics and chemicals. LG was founded in 1958 and is based in Seoul, South Korea.

DEAL STATS #
Overall 6 of 6
Sector: Manufacturing M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Norway M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-03 Athom

Enschede, Netherlands

Athom is a technology company that sells the smart home hub ‘Homey,’ which connects with home appliances and IoT devices and offers cloud subscription services. Athom was formed in 2014 and is based in Enschede, Netherlands.

Buy -
Mergr

Solution for

Product

Company

Legal