US EditionLennox and Ariston Group Announce Joint Venture to Launch Water Heaters in North America
- On May 27, 2025, Lennox and Ariston Group announced a joint venture based in Dallas to launch residential water heaters in North America starting in 2026.
- The partnership results from Ariston's strategic focus on North America since 2016 and aims to combine Lennox's residential distribution with Ariston's water heating technology and footprint.
- Ariston USA will hold a 50.1% stake and Lennox 49.9%, with products sold through Lennox stores and direct-to-dealer networks to enhance offerings across the U.S. And Canada.
- Lennox CEO Alok Maskara emphasized that this partnership supports their plan to rapidly grow by broadening the range of products available to residential customers, enhancing their engagement with this market.
- The joint venture intends to strengthen market presence and drive innovation in North America's residential water heater segment by leveraging the firms' complementary strengths.
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Lennox and Ariston Group Announce Joint Venture to Launch Water Heaters in North America
The partnership combines Lennox's strength in residential distribution and customer relationships with Ariston Group's advanced water heating technology and manufacturing footprint, to launch water heaters that will carry the Lennox brands.
·Parsons, United States
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