RICHARDSON, Texas — Lennox International Inc. has signed an agreement to purchase the HVAC division of NSI Industries from Sentinel Capital Partners for approximately $550 million. NSI’s HVAC platform ...
Lennox has capitalized on its efforts to gain market share and improve its cost structure against a backdrop of solid end-market growth. Its margin expansion story has been remarkable, with adjusted ...
I purchased a Lennox air conditioner in May 2015. On May 1, 2018, the coil froze. United Heating, who sold me the unit, came out to diagnose the problem. It was determined my unit’s [evaporator coil] ...
Lennox announced that it will acquire the heating, ventilation, and air-conditioning division of NSI Industries, a privately held company owned by Sentinel Capital Partners, for $550 million, or ...
Even though monsoon is here, the heat hasn’t completely gone away and air conditioners are still in use. However, many long-time AC users unknowingly make a common mistake when turning off their AC, ...
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