Mergers & Acquisitions
LG Electronics acquires Norway’s OSO in bold HVAC expansion
LG Electronics Inc., South Korea’s leading electronics company, is doubling down on its bid to lead the burgeoning global heating, ventilation and air conditioning (HVAC) market with OSO Hotwater, one of Europe’s top providers of water heating solutions, now under its wings. The Korean company announced on Monday that it has signed a deal to take over a 100% stake in OSO, head