M&A Deal Summary

Carrier Acquires Automated Logic

On April 23, 2004, Carrier acquired electronics company Automated Logic

Acquisition Highlights
  • This is Carrier’s 1st transaction in the Electronics sector.
  • This is Carrier’s 2nd transaction in the United States.
  • This is Carrier’s 1st transaction in Georgia.

M&A Deal Summary
Date 2004-04-23
Target Automated Logic
Sector Electronics
Buyer(s) Carrier
Deal Type Add-on Acquisition

Target

Automated Logic

Kennesaw, Georgia, United States
website
Automated Logic designs and manufactures innovative building automation and control systems primarily for heating, ventilation, air conditioning and energy management applications. ALC’s systems are installed in commercial office buildings, educational facilities, industrial plants, critical data facilities, healthcare facilities, government complexes, hospitality/entertainment venues and retail locations worldwide.

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Buyer(S) 1

Buyer

Carrier

Palm Beach Gardens, Florida, United States

website

Category Company
Founded 2019
Sector Machinery
Employees52,000
Revenue 20.4B USD (2022)
DESCRIPTION
Carrier research center in Jupiter, Florida.
Carrier research center in Jupiter, Florida.

Carrier is a producer of heating, air-conditioning and refrigeration solutions. Carrier provides sustainable solutions, integrating energy efficient products, building controls, and energy services for residential, commercial, retail, transport and foodservice customers. Carrier was founded in 2019 and is based in Palm Beach Gardens, Florida.

DEAL STATS #
Overall 3 of 14
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 2 of 12
State (Georgia) 1 of 1
Country (United States) 2 of 10
Year (2004) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-12-01 Granby Steel Tanks

Granby, Quebec, Canada

Granby Steel Tanks is a manufacturer of residential high quality steel tanks for fuel oil storage used in connection with residential and light commercial oil-fired furnaces and boilers.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-05-31 CommAir Mechanical Services

Oakland, California, United States

CommAir Mechanical Services, Inc. engages in maintaining, repairing, and installing heating, ventilation, air conditioning, and refrigeration equipment and systems.

Buy $32M
Mergr

Product

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