Lennox Completes Acquisition of NSI Industries' HVAC Division

Rhea-AI Summary

Lennox (NYSE: LII) completed the acquisition of the HVAC division of NSI Industries on October 16, 2025, adding the Duro Dyne and Supco brand platforms to its parts and supplies portfolio.

The transaction expands Lennox's residential and commercial HVAC parts, strengthens distribution capabilities, and aims to support the full customer lifecycle from equipment and installation to service and preventative maintenance. CEO Alok Maskara said the deal aligns with Lennox's strategic investment approach and will integrate the acquired teams to broaden product offerings and better serve customer demand.

Insights

Corporate strategy analyst

Acquisition widens Lennox's parts and supplies footprint, strengthening product breadth and lifecycle offerings.

Lennox acquires the HVAC Division of NSI Industries, including the Duro Dyne and Supco brands, completed on Oct 16, 2025. This directly expands Lennox's parts and supplies portfolio and integrates recognized brand platforms into its residential and commercial product lineup, increasing the breadth of offerings across installation, service, and maintenance.

The business mechanism is straightforward: brand and product addition increases addressable product categories and customer touchpoints, which can raise cross-sell opportunities and deepen lifecycle revenue streams. Key dependencies include smooth cultural and systems integration of the acquired teams and retention of distribution relationships; failure in either could reduce expected value.

Watch integration milestones and distribution metrics over the next 12–18 months: retention of Duro Dyne and Supco sales channels, product portfolio overlap resolution, and any announced synergies or cost saves. These items will indicate whether the acquisition meaningfully enhances Lennox's service and parts economics.

Distribution and operations expert

Deal likely strengthens distribution and parts availability, with operational integration as the principal execution risk.

The addition of Duro Dyne and Supco augments Lennox's supply portfolio and distribution reach, which should improve spare-parts availability and enable more comprehensive service offerings across residential and commercial channels. Expanded SKUs and complementary product lines can shorten lead times and increase share-of-wallet where Lennox controls distribution.

Operational risks include aligning inventory systems, harmonizing logistics, and avoiding service disruption during integration; these factors determine near-term margin and service outcomes. Monitor inventory turns, on-time-fill rates, and any announced integration timelines over the next 12 months to assess whether operational benefits materialize.

Lennox expands HVAC parts and supplies portfolio with the DuroDyne and Supco brands to better serve residential and commercial customers

DALLAS, Oct. 16, 2025 /PRNewswire/ -- Lennox (NYSE: LII), a leader in energy-efficient climate control solutions, today announced that it has completed the purchase of the HVAC Division of NSI Industries, including the Duro Dyne and Supco brand platforms.

"This acquisition enhances our ability to support residential and commercial customers throughout the entire HVAC value chain," said Alok Maskara, Chief Executive Officer of Lennox. "By integrating respected brands like Duro Dyne and Supco into our portfolio, we are expanding our parts and supplies offerings in direct response to customer demand for more comprehensive solutions."

Duro Dyne and Supco offer a robust portfolio of HVAC parts and supplies that complement Lennox's existing residential and commercial offerings.

Maskara added, "We are excited to welcome the Duro Dyne and Supco teams to Lennox. Our shared values will help us to integrate seamlessly to further enhance our ability to deliver comprehensive lifecycle solutions to our customers. By strengthening our distribution capabilities and broadening our product portfolio, we're positioning Lennox to deliver greater value across the full customer journey from equipment and installation to service and preventative maintenance. This transaction reflects our disciplined approach to strategic investment and long-term growth."

Lennox (NYSE: LII) is a leader in energy-efficient climate-control solutions. We are committed to sustainability and creating comfortable, healthier environments for residential and commercial customers. Our innovative portfolio includes cooling, heating, indoor air quality, and refrigeration systems, along with a comprehensive range of HVAC parts, supplies, and services that support the full lifecycle of customer needs. Additional information is available at www.lennox.com. For media inquiries, contact PR@lennox.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/lennox-completes-acquisition-of-nsi-industries-hvac-division-302585884.html

SOURCE Lennox International Inc.

FAQ

What did Lennox (LII) acquire on October 16, 2025?

Lennox completed the purchase of NSI Industries' HVAC division, including the Duro Dyne and Supco brands.

How does the NSI HVAC division acquisition affect Lennox's product offering (LII)?

The acquisition adds HVAC parts and supplies from Duro Dyne and Supco to Lennox's residential and commercial portfolio.

Will the acquisition change Lennox's distribution capabilities (LII)?

Lennox said the deal strengthens its distribution capabilities to support the full customer lifecycle.

When was the Lennox acquisition of NSI's HVAC division completed?

The acquisition was completed on October 16, 2025.

What did Lennox's CEO Alok Maskara say about the acquisition of NSI HVAC (LII)?

Maskara said the acquisition enhances Lennox's ability to support customers and that the Duro Dyne and Supco teams will integrate to deliver comprehensive lifecycle solutions.

Where can investors find more information about Lennox (LII) and this acquisition?

Additional information is available on Lennox's website at www.lennox.com and through the company's media contact.