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Deal closed Apr 2000 · Charlotte, NC Verified

Carrier acquires HVAC distributor Thermo Industries

Carrier Corp. acquired Thermo Industries, Inc. of Charlotte, NC, an independent distributor of Carrier residential and light commercial products with 170 employees and ~$100 million in 1999 revenues, folding it into the Carrier Enterprises Division.

“SYRACUSE, NY — Carrier Corp. announced its acquisition of Thermo Industries, Inc., Charlotte, NC, an independent distributor of the manufacturer’s residential and light commercial products.”

Entities

Carrier Corp. · Acquirer Carrier Enterprises Division · Platform Thermo Industries, Inc. · Target
HVAC
Source: www.achrnews.com

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.