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Platform formation Apr 2019 Verified

Formation of Pure-Play Climate Company (ClimateCo) from Ingersoll Rand HVAC and Transport Refrigeration Businesses

A new standalone public company, referred to as ClimateCo, will be formed from Ingersoll Rand's HVAC and transport refrigeration businesses. It will be a pure-play global leader in climate control solutions.

“A new Climate Company - “ClimateCo” - which will be a pure play global leader in climate control solutions for buildings, homes and transportation, formed from our HVAC and transport refrigeration businesses.”

Entities

Ingersoll Rand · Parent ClimateCo · Platform
HVACRefrigeration 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.