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Market commentary Jan 2008 Verified

American Standard HVAC Brand Retention Post-Acquisition

Ingersoll Rand confirms it will retain the American Standard HVAC brand after the acquisition closes. The growth strategy targets $1 billion in sales by 2010, with commitments to invest in people, product, and brand awareness.

“Yes. The American Standard brand remains a meaningful and important part of our HVAC business. The overall growth strategy and vision for the brand is to reach $1 billion in sales by the year 2010.”

Entities

Ingersoll-Rand Company Limited · Acquirer Trane Inc. · Target
HVAC Sentiment: Positive

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