Stratrix
On the Record · Lennox International

Lennox International acquisitions, on the record

The businesses Lennox International bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Hyfra operations (sold to Glen Dimplex Group)
Word for word“During the third quarter of 2023, we obtained Board of Directors' approval and signed an agreement with Glen Dimplex Group, a private Irish company, for the sale of our Hyfra operations.” 10-K for 2023
agreed divestiture——
European commercial HVAC and refrigeration operations (sold to Syntagma Capital Partners)
Word for word“Additionally during the third quarter of 2023, we obtained Board of Directors' approval and signed an agreement with Syntagma Capital Partners, a private Belgium company, for the sale of our European commercial HVAC and refrigeration operations.” 10-K for 2023
agreed divestiture——
AES Industries, Inc. and AES Mechanical Service Group, Inc. (collectively, AES)
Word for word“In October 2023, we completed the acquisition of AES, a company dedicated to service and sustainability in the light commercial market.” 10-K for 2023
acquisition——
European operations
Word for word“The Corporate and Other segment previously held our European operations, which were successfully divested in the fourth quarter of 2023.” 10-K for 2024
divestiturefourth quarter of 2023—
Duro Dyne and Supco
Word for word“Excluding cash received at the closing, the total cash consideration paid was $ 545.0 million, which was primarily funded by cash and borrowings under our financing arrangements. ” 10-K for 2025
acquisition—$ 545.0 million
AES Industries, Inc. and AES Mechanical Service Group, Inc. (AES)
Word for word“AES . In October 2023, we completed the acquisition of AES Industries, Inc. and AES Mechanical Service Group, Inc. (collectively, “AES”), which is included in our Building Climate Solutions segment.” 10-K for 2025
acquisitionIn October 2023—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2022-12-31$0—
2023-12-31$94.9 million$40.4 million
2024-12-31−$1.8 million—
2025-12-31$545 million$277.2 million

Deal filings since 2016

Read from Lennox International’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-17. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.