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Divestiture Aug 2024 · Palm Beach Gardens, Florida Verified

Carrier to Sell Commercial and Residential Fire Business to Lone Star Funds

Carrier Global Corporation has entered into a definitive agreement to sell its Commercial and Residential Fire business to an affiliate of Lone Star Funds. The transaction was announced via a press release on August 15, 2024.

“On August 15, 2024, Carrier Global Corporation issued a press release announcing that it has entered a definitive agreement to sell its Commercial and Residential Fire business to an affiliate of Lone Star Funds.”

Entities

Carrier Global Corporation · Target Lone Star Funds · Acquirer
Other Sentiment: Neutral

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.