HVAC Residential Market / Air Conditioners / HVAC Commercial Market

Samsung Electronics America to Acquire Quietside

Quietside Has Been Master Distributor for Samsung HVAC Products in US and Canada Since 1997

RIDGEFIELD PARK, N.J. — Samsung Electronics America Inc. announced that it has agreed to acquire Quietside Corp., a leading distribution channel for HVAC products. Quietside has been the master distributor for Samsung HVAC products in the United States and Canada since 1997.

Samsung said the acquisition will provide Quietside with greater access to its wide range of HVAC products, including its DVMS variable refrigerant flow (VRF) system. As a result of the acquisition, Quietside will be increasing its personnel and infrastructure investment in North America in order to handle the continuing expansion of the split ductless and VRF product categories.

Samsung expects to further strengthen its sales operations in North America, particularly in the business-to-business space. The company said it also plans to unveil an enhanced HVAC product lineup that better reflects the needs of North American customers.

Sang Lee, the founder of Quietside, will remain as CEO and will have operational responsibility for the company. Lee has 29 years of experience in the North American HVAC market.

“Samsung is excited to deepen our long relationship with Quietside by making this acquisition,” said Tim Baxter, president of Samsung Electronics America. “Samsung always looks to bring innovation and new technology to our customers and we look forward to working with Sang and his team to bring that same commitment to selling HVAC products to customers across North America.”

“The acquisition of Quietside by Samsung provides a terrific benefit to our customers and employees,” said Lee. “The rapid growth of our product categories in North America provides a great opportunity for us to scale our business rapidly to meet the needs of the market. The operational capabilities of Samsung and the strength of the Samsung brand will mean incredible opportunities for us all going forward.”

The company will continue to be headquartered in the Dallas/Fort Worth area.

For more information about Quietside Corp., visit www.quietside.com.

For more information about Samsung Electronics America, visit www.samsung.com.

Publication date: 8/18/2014

Want more HVAC industry news and information? Join The NEWS on Facebook, Twitter, and LinkedIn today!

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 World Energy Engineering Congress

Scenes from the 2014 World Energy Engineering Congress in Washington, D.C.

Podcasts

NEWSMakers: Cynthia Hutson

Cynthia Hutson, chairperson of ACCA of Central Ohio, talks about the organization’s Heat the Town events, the importance of carbon monoxide checks, and what is coming up for ACCA. Posted on Nov. 21.

More Podcasts

ACHRNEWS

NEWS 11-24-14 cover

2014 November 24

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

R-22 SUPPLIES

Now that EPA has finalized its R-22 phaseout plan, with a large drop in 2015, do you think there will be an adequate supply next year?
View Results Poll Archive

HVACR INDUSTRY STORE

2015.jpg
2015 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con