Lone Star Completes Acquisition of Carrier's Commercial and Residential Fire Business Forming Kidde Global Solutions [Yahoo! Finance]
Carrier Global Corporation (CARR)
Company Research
Source: Yahoo! Finance
completed the acquisition of Carrier Global Corporation's Commercial and Residential Fire business in a transaction valued at $3 billion. As a result of the transaction, the business will operate as an independent company under the new name Kidde Global Solutions. Kidde Global Solutions unifies some of the most trusted and iconic brands in fire and life safety, including Kidde, Kidde Commercial, Edwards, GST, Badger, Gloria, and Aritech. "Kidde Global Solutions is an industry-leading portfolio of strong brands and innovative teams with a long history of serving global customers and exciting growth opportunities," said Donald Quintin, Chief Executive Officer of Lone Star. "We look forward to working with Kidde Global Solutions' talented management team to further build this outstanding business." The initial definitive agreement of the sale was announced in August 2024 and the final close took place on December 2, 2024. Citi and Bank of America advised Lone Star on the transact
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CARR
Earnings
- 10/24/24 - Miss
CARR
Sec Filings
- 12/20/24 - Form 8-K
- 12/3/24 - Form 8-K
- 12/2/24 - Form 8-K
- CARR's page on the SEC website