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Deal closed Feb 2017 · Northeast US Verified

Watsco Acquires Additional 10% Stake in Carrier Enterprise Northeast JV

Watsco, Inc. announced the purchase of an additional 10% ownership interest in Carrier Enterprise Northeast LLC, a joint venture between Watsco and Carrier. This increases Watsco's stake in the HVAC distribution joint venture.

“On February 14, 2017, the Company issued a press release announcing the purchase of an additional 10% ownership interest in Carrier Enterprise Northeast LLC, a joint venture between the Company and Carrier.”

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HVAC Sentiment: Neutral

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