Latest news with #OSO
Korea Herald
30-06-2025
- Business
- Korea Herald
LG signs deal to acquire Norway's OSO, expanding HVAC footprint in Europe
LG Electronics said Monday it has signed a deal to acquire Norwegian hot water solutions firm OSO Hotwater, as part of its expansion into Europe's fast-growing heating, ventilation and air-conditioning market. Under the agreement, the South Korean tech giant will acquire 100 percent of OSO's shares. Industry sources estimate the deal is worth hundreds of billions of won, though the company declined to disclose the exact amount. Lee Jae-sung, president of LG Electronics' Eco Solutions division, said OSO's water heating solutions are a 'strategic catalyst for LG's HVAC expansion." 'Together we will deliver highly efficient, integrated solutions that strengthen our market leadership and support global electrification for a more sustainable future,' he said. The transaction is expected to be completed in September, according to an LG official. The acquisition is anticipated to allow LG to bring OSO's hot water storage technology in-house and integrate it with its advanced heat pump systems. This will enable LG to provide tailored heating and hot water packages to meet customer needs and expand its footprint in Europe's HVAC market, LG said. Founded in 1932, OSO is Europe's leading manufacturer of stainless steel water heaters, which serve as storage units for hot water and can be paired with heat pumps, boilers and other heating systems. OSO's technology is essential for heat pump systems, which have seen significant growth recently across Europe as an efficient, eco-friendly alternative to conventional fossil fuel-based heating and cooling systems. OSO reported annual revenue of 942 million Norwegian kroner ($93.52 million) last year and employs around 260 people. Following the acquisition, OSO will continue to operate independently in its hot water solutions business. It will retain its existing OEM partnership and expand business opportunities. 'LG's deep know-how in heat pump water heaters in combination with OSO stainless steel tank leadership will ensure sustainable, high-quality product solutions for our customers,' said Sigurd Braathen, owner of OSO Hotwater, in a statement.
Yahoo
27-01-2025
- Entertainment
- Yahoo
Suhr's OSO Short Scale aims for the best of both – combining a Gibson-like scale length with a T-style body
When you buy through links on our articles, Future and its syndication partners may earn a commission. NAMM 2025: Suhr has gone short-scale with its latest electric guitar, with the OSO built to the 24.625" scale length often utilized by Gibson and PRS. With Mateus Asato, Scott Henderson, and Pete Thorn – recently announced as part of the SatchVai band – among its signature artists, the Lake Elsinore, California-based luthier has seen its stock take an upward trajectory of late. This latest foray into stunted territory, with a curvaceous Tele-type body, won't do it any harm, either. A trio of woods – an alder body, roasted maple neck, and rosewood fingerboard – provide its typical tonal heart, with some models being bestowed a fourth via a figured maple top. The neck varies across models. It's sculpted to Suhr's Historic C-profile with a 22-fret rosewood fingerboard on its Two-tone Tobacco Burst model – and an Even Slim C-profile with an Indian rosewood 'board on the Tea Burst variant. As ever, there's a black sheep among the flock, with the Orange Satin finished model going all out with a mahogany body and Even Slim C-profile neck, figured maple top, and an Indian Rosewood fingerboard. That change in tonewood is reflected in its $4,449 pricing. When it comes to hardware, the premium builds stay in-house, which is consistent across the series. That includes fixed two-post, solid saddles and steel block bridge, and Suhr SSV-Neck and SSV-Bridge humbuckers. Described as the firm's most popular 'bucker of choice, the single screw pickups pride themselves on 'the warmth of a vintage humbucker,' and an 'increased clarity, definition, and range' thanks to an output far hotter than vintage-flavored designs typically dare to go. The bridge pickup in particular vies for the sought-after PAF-like tones of yesteryear – both are here given simple black with silver pole pieces aesthetics. Image 1 of 3 Image 2 of 3 Image 3 of 3 To the casual observer, a Gibson-style 24.625" scale length may seem strange on a T-style, but many players prefer the range it gives, which improves fret access for big stretches – and that makes sense for a high-performance brand like Suhr. Priced upwards of $3,800 and available in four finishes the OSOs aren't exactly budget builds. Rather, this is Suhr throwing the most lavish specs at its first shorter-scale design since the Aura, itself based on the Gibson Les Paul. Having first teased the guitars on its Instagram, inviting players to 'experience the all-new Oso Short Scale' at NAMM, GW duly popped by the Suhr booth at the weekend and the model was drawing a lot of eyeballs. There is little more information at this time, with an official launch date yet to be mooted. Keep your eyes on Suhr for more information in the future.
