Carrier signs LOI to acquire E.B. Ward & Co./Valair distributor

Carrier Corp. signed a letter of intent to acquire its long-standing distributor E.B. Ward & Co./Valair to strengthen its California sales and distribution network. The companies have ~140 employees and combined sales of approximately $150 million.

“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.”

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.