Kenmore CEO cites accelerating industry consolidation

Kenmore's CEO framed the Parker acquisition against accelerating consolidation in the refrigeration/AC components industry as customers demand global service.

“Consolidation in our industry has accelerated as customers demand global service.”

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.