Divestiture Oct 2007 Verified
Trane Divests Bath and Kitchen Business to Bain Capital
Trane, formerly American Standard Companies, sold its Bath and Kitchen business to funds advised by Bain Capital Partners, LLC as part of its plan to separate its three businesses and focus on HVAC.
“On Oct. 31, 2007, the company sold its Bath and Kitchen business to funds advised by Bain Capital Partners, LLC.”
Entities
Bain Capital · Acquirer Trane Inc. · Parent
Other Sentiment: Neutral
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