Carrier signs letter of intent to acquire distributor E.B. Ward/Valair

Carrier Corp. signed a letter of intent to acquire E.B. Ward & Co./Valair, a Carrier distributor with 140 employees and ~$150 million in combined sales in Northern California and Nevada; price undisclosed, expected to close within 45 days.

“FARMINGTON, Conn. - Carrier Corp. has signed a letter of intent to acquire E.B. Ward & Co./Valair, a long-standing Carrier distributor of residential, light commercial, and commercial products. The purchase price is not being disclosed.”

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