hvacrollups.com
← Deals
Add-on acquisition · Closed Apr 2000

Carrier acquires HVAC distributor Thermo Industries

Relationship map

Relationship map for Carrier acquires HVAC distributor Thermo Industriesparent ofCarrier: PlatformCarrierThermo Industries, Inc.: Operating CompanyTIThermo Industries, In…
Operating CompanyPlatform

Parties

Acquirer
Carrier
Platform
Target
Thermo Industries, Inc.
Operating Company

Market signals

Summary

Carrier Corp. acquired Thermo Industries, Inc. of Charlotte, NC, an independent distributor of Carrier residential and light commercial products with 170 employees and ~$100 million in 1999 revenues, folding it into the Carrier Enterprises Division.