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Deal closed Feb 2024

Carrier acquired AeroSeal in 2001 from inventor Dr. Mark Modera

The AeroSeal duct-sealing technology, invented by Dr. Mark Modera at Lawrence Berkeley National Lab, was acquired by Carrier in 2001.

“Originally, the company was formed, technology was invented by Dr. Mark Madera at LBNL, and he sold the company or carrier acquired this company in 2001 from him.”

Entities

AeroSeal · Target Carrier · Acquirer Mark Modera · Mentioned
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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.