Lennox International to sell Hyfra Process Cooling business to Glen Dimplex Group

LENNOX INTERNATIONAL INC

Definitive agreement to sell Hyfra Process Cooling (Krunkel, Germany) to Glen Dimplex.
Closing expected Q4 2023, subject to required consents and customary conditions.
CEO Alok Maskara says divestiture enables focus on North America strategy.
No financial terms disclosed.
Glen Dimplex CEO notes acquisition expands precision cooling business globally.

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