Carrier to acquire Toshiba Carrier HVAC business – Cooling Post

Carrier to acquire Toshiba Carrier HVAC business – Cooling Post
Cooling Post
USA/JAPAN: Carrier has confirmed that it has signed a binding agreement to acquire Toshiba’s ownership stake in the Toshiba Carrier air conditioning business – a deal reportedly worth $870m.   The global alliance was established in 1999, with Toshiba holding a 60% stake. Toshiba Carrier designs and manufactures flexible, energy-efficient and high-performance VRF and light …