Divestiture Jun 2016 · Australia
United Technologies acquires AHI-Carrier Australia commercial HVAC divisions; residential carved out
UTC acquired the commercial HVAC sales and service divisions of AHI-Carrier (Australia), a UTC joint venture, to form Carrier Australia under UTC Climate, Controls & Security. The residential, light commercial, and Totaline parts segments were carved out into a new entity, AHIC (Australia), still owned by AHI-Carrier FZC.
“United Technologies has acquired the commercial HVAC product sales and commercial service divisions of AHI-Carrier (Australia) Pty Ltd, a UTC joint venture in Australia.”
Entities
AHI-Carrier (Australia) Pty Ltd · Target Carrier Australia Pty Ltd · Subsidiary United Technologies · Acquirer
HVAC
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