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Exit · Closed Jul 2006

Carrier and Johnson Controls divest Scroll Technologies JV stakes to Danfoss

Relationship map

Relationship map for Carrier and Johnson Controls divest Scroll Technologies JV stakes to Danfossparent ofDanfoss A/S: PlatformDADanfoss A/SBristol Compressors Inc.: Operating CompanyBCBristol Compressors I…
Operating CompanyPlatform

Parties
Acquirer
Danfoss A/S
Platform
Target
Bristol Compressors Inc.
Operating Company

Market signals

Summary

Scroll Technologies had been a joint venture between Carrier Corp. and Bristol Compressors (a Johnson Controls company); both owners are divesting their stakes to Danfoss, framed by Carrier as consistent with sourcing compression from focused manufacturers.