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Majority stake Closed Dec 2008 Verified

Carrier Corp. acquires energy services company Noresco

Relationship map

Relationship map for Carrier Corp. acquires energy services company Norescoparent ofUnited Technologies Corp.: Operating CompanyUTUnited Technologies C…Noresco: Operating CompanyNoresco
Operating Company

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

Market signals

Summary

Carrier Corp., a unit of United Technologies Corp., completed its acquisition of Noresco, an independent energy services company, on Nov. 20, 2008. Strategic acquisition; terms not disclosed.