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

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Relationship map for UTC Building & Industrial Systems completes acquisition of France-based CIATparent ofUnited Technologies Corp.: Operating CompanyUTUnited Technologies C…CIAT: Operating CompanyCICIAT
Operating Company

Parties
Acquirer
United Technologies Corp.
Operating Company
Target
CIAT
Operating Company

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Summary

UTC Building & Industrial Systems (parent of Carrier; a unit of United Technologies Corp.) closed its acquisition of CIAT, a France-based HVAC company, expanding its European HVAC portfolio. Terms were not disclosed.