Add-on acquisition Aug 2006 · Chicago, IL Verified
Automated Logic (Carrier/UTC) acquires Chicago dealer Control Solutions Inc.
Automated Logic Corp., a UTC/Carrier unit, acquired the business of its Chicago dealer Control Solutions Inc. to establish a factory-owned branch, continuing a strategy of converting dealers into owned branches (after similar Houston and Minneapolis deals). Terms undisclosed.
“Automated Logic Corp. (ALC), a unit of United Technologies Corp., has acquired the business of Control Solutions Inc. - Chicago (CSIC), an ALC dealer serving the greater Chicago marketplace. Terms of the deal were not disclosed.”
Entities
Automated Logic Corp. (ALC) · Acquirer Carrier Corp. · Parent Control Solutions Inc. - Chicago (CSIC) · Target United Technologies Corp. · Parent
HVAC
Source: www.achrnews.com
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