Samsung Acquires Quietside Corporation.
Samsung Electronics America, Inc. announced that it has
agreed to acquire Quietside Corporation, a leading
distribution channel for heating, ventilation and air
conditioning (HVAC) products. Quietside has been the
master distributor for Samsung HVAC products in the US
and Canada since 1997. The acquisition will provide
Quietside with greater access to Samsung’s wide range of
cost effective and energy efficient HVAC products,
including its industry-leading DVMS System with the
highest efficiency ratings.
As a result of the acquisition, Quietside will be
increasing its personnel and infrastructure investment
in North America in order to serve the continuing rapid
expansion of the split ductless and VRF product
categories.
Sang Lee, the founder of Quietside, will remain as CEO
and will have operational responsibility for the
company. Mr. 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 working with Sang and
his team to bring that same commitment to selling HVAC
products to customers across the United States and
Canada.”
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