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Divestiture Apr 2019 Verified

Ingersoll-Rand Climate Segment to Become Standalone Pure-Play Company

As part of the transaction, Ingersoll-Rand's Climate segment, which includes Trane and Thermo King, will be separated and renamed as a standalone company focused on climate control solutions for buildings, homes, and transportation.

“On the climate side, our remaining HBAC and transport refrigeration businesses will become that stand alone company focused on climate technology.”

Entities

Thermo King · Subsidiary Ingersoll-Rand plc · Parent Trane · Subsidiary
HVACRefrigeration Sentiment: Neutral

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