LG Electronics (KRX:066570) signed a distribution deal with North America-based business-to-business laundry solutions provider CSC ServiceWorks to supply its commercial washers and dryers, the South Korean electronics products maker said Wednesday.
The partnership is expected to boost LG's presence in the US and Canadian commercial laundry markets and drive growth in its B2B appliance business, the release said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.