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United Technologies Corp.

Verified

Operating Company

US
Home PerformanceHvacOther

Former industrial conglomerate that owned HVAC manufacturer Carrier and elevator maker Otis before splitting into three independent…

Headquarters: US (outside the US map).

Ownership map

Ownership links are documented, evidence-gated edges, shown as reported by their sources. Naming a company is not an accusation against it. See our methodology and legal notes.

Ownership map for United Technologies Corp.DivestedDivestedFormerly Known AsPart OfPart OfPart OfPart OfPart OfPart OfPart OfPart Ofbacked bymerged withparent ofparent ofparent ofparent ofparent ofparent ofparent ofparent ofparent ofparent ofparent ofparent ofrolled up intorolled up intorolled up intorolled up intorolled up intorolled up intorolled up intorolled up intorolled up intorolled up intorolled up intorolled up intorolled up intorolled up intorolled up into75F: Operating Company7575FA.T. Distributors: Operating CompanyATA.T. DistributorsAHI-Carrier (Australia) Pty Ltd: Operating CompanyAHI-Carrier (Australi…Aeroseal LLC: Operating CompanyAeroseal LLCAir Engineering and Conditioning Company: Operating CompanyAEAir Engineering and C…Akuacom: Operating CompanyAKAkuacomAndrews Distributing Company: Operating CompanyAndrews Distributing …Aube Technologies Inc.: Operating CompanyAube Technologies Inc.Automated Logic: Operating CompanyAutomated LogicAutomated Logic Contracting Services: PlatformALAutomated Logic Contr…Automated Logic Corp. (ALC): PlatformAutomated Logic Corp.…Beijer Ref: PlatformBeijer RefBlaich Automation GmbH: Operating CompanyBlaich Automation GmbHCCG Automation: Operating CompanyCCG AutomationCIAT: Operating CompanyCICIATCarrier: PlatformCarrierCarrier Australia Pty Ltd: Operating CompanyCarrier Australia Pty…Carrier Commercial Service: PlatformCarrier Commercial Se…Carrier Electronics: Operating CompanyCarrier ElectronicsCarrier Enterprise II, LLC: PlatformCECarrier Enterprise II…Carrier Enterprise LLC: PlatformCECarrier Enterprise LLCCarrier Transicold: PlatformCTCarrier TransicoldCaverion: PlatformCACaverionCleanpak International, LLC: Operating CompanyCICleanpak Internationa…Comfort Systems USA of Twin Cities Inc.: Operating CompanyComfort Systems USA o…CommAir Mechanical Services: Operating CompanyCommAir Mechanical Se…Commercial Air Services Inc.: Operating CompanyCACommercial Air Servic…Control Solutions Inc. - Chicago (CSIC): Operating CompanyCSControl Solutions Inc…Control Solutions Ltd. LLC: Operating CompanyControl Solutions Ltd…DMS Controls Ltd.: Operating CompanyDMS Controls Ltd.Daikin Airconditioning UK: PlatformDADaikin Airconditionin…Daikin Industries Ltd.: PlatformDIDaikin Industries Ltd.Daikin UK: Operating CompanyDUDaikin UKDome-Tech Group: Operating CompanyDTDome-Tech GroupE-Mon: Operating CompanyEME-MonE.B. Ward & Co./Valair: Operating CompanyEBE.B. Ward & Co./ValairESL Ltd.: Operating CompanyESL Ltd.Eaton-Williams Group Limited: Operating CompanyEWEaton-Williams Group …EcoEnergy: Operating CompanyEcoEnergyElster: Operating CompanyELElsterElster Division: Operating CompanyEDElster DivisionGeneral Electric Co.: Operating CompanyGEGeneral Electric Co.Guangdong Chigo Heating & Ventilation Equipment Co., Ltd.: Operating CompanyGuangdong Chigo Heati…Handy & Harman: PlatformHHHandy & HarmanHoneywell: PlatformHoneywellLinde Refrigeration: Operating CompanyLinde RefrigerationMagnolia Air Conditioning and Supply: Operating CompanyMAMagnolia Air Conditio…Micro Thermo Technologies: Operating CompanyMTMicro Thermo Technolo…Noresco: Operating CompanyNorescoNortek Inc.: Operating CompanyNINortek Inc.RCMS Controls, Inc.: Operating CompanyRCRCMS Controls, Inc.Saltire Facilities Management Ltd: Operating CompanySFSaltire Facilities Ma…Sharp Mechanical, Inc.: Operating CompanySMSharp Mechanical, Inc.Shollmier Distributing Inc.: Operating CompanySDShollmier Distributin…TRS Transportkoeling b.v.: Operating CompanyTTTRS Transportkoeling …UTC: Operating CompanyUTCUTC Climate, Controls & Security: Operating CompanyUCUTC Climate, Controls…UTC Power: Operating CompanyUTC PowerUnited Environmental Services L.P.: Operating CompanyUEUnited Environmental …United Technologies Corp.: Operating CompanyUTUnited Technologies C…
Operating CompanyPlatform

Ownership

Ownership links are documented, evidence-gated edges, shown as reported by their sources. A verified mark denotes an independently corroborated edge; links shown as reported are drawn as their sources record them and are not independently corroborated. Naming a company is not an accusation against it. See our methodology and legal notes.

Market signals

Acquisition history

Acquisition timeline20002003200620092012201520182021202420252000 · Add-on acquisition → Magnolia Air Conditioning and Supply (verified)2000 · Add-on acquisition → Shollmier Distributing Inc. (verified)2001 · Majority stake → Honeywell (verified)2001 · Majority stake → Micro Thermo Technologies (verified)2004 · Majority stake → Linde Refrigeration (verified)2006 · Add-on acquisition → Control Solutions Inc. - Chicago (CSIC) (verified)2006 · Majority stake → Control Solutions Ltd. LLC (verified)2006 · Add-on acquisition → United Environmental Services L.P. (verified)2007 · Majority stake → E.B. Ward & Co./Valair2008 · Add-on acquisition → Commercial Air Services Inc. (verified)2008 · Majority stake → Noresco (verified)2008 · Add-on acquisition → Sharp Mechanical, Inc. (verified)2009 · Platform creation → Carrier2010 · Add-on acquisition → RCMS Controls, Inc. (verified)2011 · Platform creation → Carrier2015 · Majority stake → CIAT (verified)2016 · Add-on acquisition → TRS Transportkoeling b.v.2016 · Add-on acquisition → AHI-Carrier (Australia) Pty Ltd (verified)2016 · Exit → AHI-Carrier (Australia) Pty Ltd (verified)2025 · Majority stake → Saltire Facilities Management Ltd (verified)
20 recorded deals, 2000–2025verifiedunverified

Acquisition footprint

US acquired companies by state Alaska: no recorded acquired companies Alabama: no recorded acquired companies Arkansas: no recorded acquired companies Arizona: no recorded acquired companies California: no recorded acquired companies Colorado: no recorded acquired companies Connecticut: 2 acquired companies District of Columbia: no recorded acquired companies Delaware: no recorded acquired companies Florida: no recorded acquired companies Georgia: no recorded acquired companies Hawaii: no recorded acquired companies Iowa: no recorded acquired companies Idaho: no recorded acquired companies Illinois: 2 acquired companies Indiana: no recorded acquired companies Kansas: no recorded acquired companies Kentucky: no recorded acquired companies Louisiana: 2 acquired companies Massachusetts: 1 acquired companies Maryland: no recorded acquired companies Maine: no recorded acquired companies Michigan: no recorded acquired companies Minnesota: no recorded acquired companies Missouri: 1 acquired companies Mississippi: no recorded acquired companies Montana: no recorded acquired companies North Carolina: 2 acquired companies North Dakota: no recorded acquired companies Nebraska: no recorded acquired companies New Hampshire: no recorded acquired companies New Jersey: no recorded acquired companies New Mexico: no recorded acquired companies Nevada: no recorded acquired companies New York: no recorded acquired companies Ohio: no recorded acquired companies Oklahoma: no recorded acquired companies Oregon: no recorded acquired companies Pennsylvania: no recorded acquired companies Rhode Island: no recorded acquired companies South Carolina: no recorded acquired companies South Dakota: no recorded acquired companies Tennessee: no recorded acquired companies Texas: no recorded acquired companies Utah: no recorded acquired companies Virginia: no recorded acquired companies Vermont: no recorded acquired companies Washington: no recorded acquired companies Wisconsin: no recorded acquired companies West Virginia: no recorded acquired companies Wyoming: no recorded acquired companies
  1. 1. Connecticut 2
  2. 2. Illinois 2
  3. 3. Louisiana 2
  4. 4. North Carolina 2
  5. 5. Massachusetts 1
  6. 6. Missouri 1
1–4 5–14 15–39 40–79 80+ no recorded acquired companies
Where the brands United Technologies Corp. acquired are headquartered, by US state. A count of targets, not a market-share claim.

Deals

Add-on acquisition Feb 2016

Carrier Transicold Netherlands acquires TRS Transportkoeling b.v.

United Technologies Corp. → TRS Transportkoeling b.v.
Majority stake Aug 2007

Carrier signs LOI to acquire HVAC distributor E.B. Ward & Co./Valair

United Technologies Corp. → E.B. Ward & Co./Valair
Majority stake Jul 2004
Verified

Carrier to acquire Linde Refrigeration for ~$390M after EC approval

United Technologies Corp. → Linde Refrigeration
$390M reported total consideration · estimateas reported by achrnews.com
Majority stake Jul 2001
Verified

United Technologies seen possibly reviving Honeywell offer

United Technologies Corp. → Honeywell
Majority stake Jul 2025
Verified

Daikin Industries acquires Saltire Facilities Management from United Capital Group

Daikin Industries Ltd. → Saltire Facilities Management Ltd
Add-on acquisition Jun 2016
Verified

United Technologies acquires AHI-Carrier commercial HVAC business in Australia

United Technologies Corp. → AHI-Carrier (Australia) Pty Ltd
Majority stake Jan 2015
Verified

UTC Building & Industrial Systems completes acquisition of France-based CIAT

United Technologies Corp. → CIAT
Add-on acquisition Apr 2008
Verified

Carrier (UTC Canada) acquires HVAC service contractor Commercial Air Services

United Technologies Corp. → Commercial Air Services Inc.
Add-on acquisition Aug 2006
Verified

Automated Logic (Carrier/UTC) acquires Chicago dealer Control Solutions Inc.

United Technologies Corp. → Control Solutions Inc. - Chicago (CSIC)
Majority stake Aug 2006
Verified

Automated Logic acquires Control Solutions, establishes Chicago branch

United Technologies Corp. → Control Solutions Ltd. LLC
Add-on acquisition Nov 2000
Verified

Carrier acquires distributors Shollmier and Magnolia Air Conditioning

United Technologies Corp. → Magnolia Air Conditioning and Supply
Majority stake Aug 2001
Verified

Carrier Corp. acquires Micro Thermo

United Technologies Corp. → Micro Thermo Technologies
Majority stake Dec 2008
Verified

Carrier Corp. acquires energy services company Noresco

United Technologies Corp. → Noresco
Add-on acquisition Jun 2010
Verified

Automated Logic (Carrier/UTC) acquires RCMS Controls

United Technologies Corp. → RCMS Controls, Inc.
Add-on acquisition May 2008
Verified

Carrier acquires Sharp Mechanical (HVAC contractor)

United Technologies Corp. → Sharp Mechanical, Inc.
Add-on acquisition Nov 2000
Verified

Carrier acquires distributors Shollmier and Magnolia Air Conditioning

United Technologies Corp. → Shollmier Distributing Inc.
Add-on acquisition Jan 2006
Verified

Automated Logic (Carrier/UTC) acquires two Comfort Systems USA dealers

United Technologies Corp. → United Environmental Services L.P.
Exit Jun 2016
Verified

United Technologies acquires AHI-Carrier Australia commercial HVAC divisions; residential carved out

United Technologies Corp. → AHI-Carrier (Australia) Pty Ltd
Platform creation May 2009

Watsco and Carrier Form Joint Venture Carrier Enterprises LLC

United Technologies Corp. → Carrier
Platform creation Mar 2011

Watsco and Carrier Form Joint Venture Carrier Enterprise II

United Technologies Corp. → Carrier