HARTFORD, CT — United Technologies Corp. has signed an agreement to purchase Aurora, IL-based Specialty Equipment Companies, Inc., for $30.50/share in cash. Upon completion of the purchase, Specialty Equipment Companies will be integrated into Carrier Corp.
“This outstanding combination will extend Carrier’s customer base and product line and will strengthen its already good relationships with pre-eminent global food service and beverage companies,” said Carrier Corp. president Jon Ayers.