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Majority stake Closed May 2012 Verified

Watsco completes acquisition of 60% of Carrier's Canadian HVAC distribution network

Relationship map

Relationship map for Watsco completes acquisition of 60% of Carrier's Canadian HVAC distribution networkparent ofWatsco Inc.: PlatformWatsco Inc.Carrier Enterprise Canada: Operating CompanyCarrier Enterprise Ca…
Operating CompanyPlatform

Parties
Acquirer
Watsco Inc.
Platform
Target
Carrier Enterprise Canada
Operating Company

Market signals

Summary

UTC Climate, Controls & Security and Watsco Inc. formed a joint venture named Carrier Enterprise Canada to distribute Carrier, Bryant, Payne HVAC products and WWG/Totaline parts and supplies in Canada.