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Consolidation trend Apr 2000

Carrier consolidating its HVAC distribution base into a single division

Carrier described the Thermo Industries acquisition as part of a strategy to consolidate and integrate its historical distribution base into the Carrier Enterprises Division, which already includes numerous regional distributors and anticipated 2000 sales above $1 billion.

““Carrier is focused on consolidating and integrating its historical distribution base and creating a more flexible, effective, and efficient distribution channel, one that is closer to the customer,” said Don Cawley, president of the division.”

Entities

Carrier Corp. · Acquirer Carrier Enterprises Division · Platform
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.