United Technologies grows HVAC business with Australian acquisition
United Technologies Corp (UTC) has acquired the commercial HVAC product sales and commercial service divisions of AHI-Carrier Ltd, a UTC joint venture in Australia.
The newly acquired organisation will conduct business as Carrier Australia Ltd, part of UTC Climate, Controls & Security, a unit of UTC.
Carrier Australia operates in nine locations nationally and delivers a wide range of commercial heating, ventilation and air-conditioning (HVAC) solutions and services.
As part of UTC Climate, Controls & Security, Carrier Australia will have direct access to established global Carrier operations, factories and engineering centres.
“For Carrier Australia, the acquisition will facilitate closer collaboration as well as more direct access to UTC Climate, Control & Security’s global resources in terms of products, engineering, sales and marketing initiatives,” Carrier Australia managing director John Sherry said.
According to UTC Climate, Controls & Security Southeast Asia president Oon Wee Chin, “Our ability to offer more complete building solutions is a crucial differentiator for us, and this acquisition continues to build that capability, positioning us to even better serve our customers.”
Carrier Australia will also be closely connected to UTC Climate, Control and Security’s existing local operations through Chubb Australasia. In addition, Carrier Australia employees will have access to UTC’s programs, such as the UTC employee scholar program.
The remaining residential, light commercial and Totaline parts business segments of Carrier Australia have transferred to a new entity, AHIC Australia, which will continue to be owned by AHI-Carrier.