LG and Siemens combine forces to develop commercial air conditioning and BMS

Raising competitiveness — LG’s Graham Hendra on a partnership between LG and Siemens.
LG And Siemens are entering into a global partnership to increase both companies’ sales of commercial air-conditioning products and building-management systems — and to increase their respective market shares. The companies have exchanged a memorandum of understanding for the co-operative development of commercial air-control solutions, with immediate effect. Graham Hendra, LG’s UK general manager of air conditioning, comments, ‘This will enable LG to further develop the existing commercial air-conditioning products and systems alongside air-control solutions. It will raise the product and service competitiveness in what we offer to the building developer, owner, consultant, architect and main contractor.’ LG foresees its partnership with Siemens resulting in a diverse client base from both the commercial air-conditioning and total-solutions markets.
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