Add-on acquisition · Closed Dec 2016 Verified
Watsco Acquires Additional 10% Stake in Carrier Enterprise Northeast JV
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Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.
Summary
Watsco, Inc. announced the purchase of an additional 10% ownership interest in Carrier Enterprise Northeast LLC, a joint venture between Watsco and Carrier. This increases Watsco's stake in the HVAC distribution joint venture.