Market commentary Jan 2008 Verified
American Standard HVAC Brand to be Retained Post-Acquisition
Trane confirms the American Standard HVAC brand will be retained following the Ingersoll Rand acquisition, with a growth strategy targeting $1 billion in sales by 2010.
“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 · Acquirer Trane Inc. · Target
HVAC Sentiment: Positive
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