Jan. 15, 2015: UTC Building & Industrial Systems Completes CIAT Acquisition
Strategic Acquisition Said to Create New Opportunities in the European HVAC Segment
BRUSSELS — 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.
“This strategic acquisition creates new opportunities in the European HVAC segment by enhancing the breadth of our portfolio and reach of our business,” said Didier Da Costa, president, HVAC Europe, UTC Building & Industrial Systems. “The addition of CIAT’s talented workforce, technology assets, and legacy of innovation strengthens our ability to serve our customers.”