UTC Building & Industrial Systems completes acquisition of France-based CIAT

UTC Building & Industrial Systems (parent of Carrier; a unit of United Technologies Corp.) closed its acquisition of CIAT, a France-based HVAC company, expanding its European HVAC portfolio. Terms were not disclosed.

“UTC Building & Industrial Systems , of which Carrier is a unit, has completed its acquisition of CIAT, a France-based HVAC company. UTC Building & Industrial Systems is a unit of United Technologies Corp.”

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