Watsco completes acquisition of Temperature Equipment Corporation (JV with Carrier)

Watsco completed its acquisition of Temperature Equipment Corporation, structured as a stand-alone JV with Carrier Global (Watsco 80%, Carrier 20%). TEC serves ~10,000 HVAC customers from 32 locations across seven states with $291M in 2020 sales.

“Watsco, Inc. announced that it has completed the acquisition of Temperature Equipment Corporation (TEC).”

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