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Platform creation · Closed Mar 2011 Verified

Watsco and Carrier Form Joint Venture Carrier Enterprise II

Relationship map

Relationship map for Watsco and Carrier Form Joint Venture Carrier Enterprise IIparent ofWatsco Inc.: PlatformWatsco Inc.Carrier: PlatformCarrier
Platform

Parties

Acquirer
Watsco Inc.
Platform
Target
Carrier
Platform

Market signals

Summary

Watsco, Inc. and Carrier Corporation executed a definitive agreement to form a joint venture named Carrier Enterprise II, LLC, which will distribute HVAC products in the Northeast United States. Watsco will own a 60% interest in the venture.

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