Carrier Announces Agreement to Sell Industrial Fire Business to Sentinel Capital Partners for $1.425 Billion
2024-03-10
PALM BEACH GARDENS, Fla., March 5, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, entered into a definitive agreement today to sell its Industrial Fire business, which includes industry-leading brands Det-Tronics, Marioff, Autronica and Fireye, to Sentinel Capital Partners for an enterprise value of $1.425 billion.
