American Standard Bath and Kitchen Sold to Private Equity

The text notes that the American Standard bath and kitchen business was recently sold to a private equity firm, as part of the portfolio transformation that left Trane as the remaining air conditioning business.

“Of note, this does not include the American Standard bath and kitchen business, which recently was sold to a private equity firm, or WABCO, which was spun-off earlier last year.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.