Carrier acquires distributors Shollmier and Magnolia Air Conditioning

Carrier Corp., a subsidiary of United Technologies, agreed to acquire independent distributors Shollmier Distributing Inc. and Magnolia Air Conditioning and Supply (New Orleans), a 110-employee operation with ~$58M projected 2000 revenues, continuing Carrier's distribution-channel consolidation.

“SYRACUSE, NY — Carrier Corp., a subsidiary of United Technologies Corp., recently reached an agreement to acquire Shollmier Distributing Inc. and Magnolia Air Conditioning and Supply, independent distributors of its residential and light commercial products, headquartered in New Orleans, LA.”

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