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HomeAlarmsCarrier Sells Aritech

Carrier Sells Aritech

Carrier Sells Aritech To Lone Star Subsidiary.

Sale of Carrier to Aritech – Carrier has entered an agreement to sell security manufacturer Aritech, to a subsidiary of Lone Star Funds.

The divestment of Carrier’s Global Commercial & Residential Fire business includes Aritech, Kidde Commercial, Airsense, EMS and Edwards.

Lone Star Funds is an organization that advises funds that invest in real estate, corporate equities, credit and other financial assets worldwide. Lone Star’s strategy is to rebuild value in strong brands after a period of underinvestment by former owners.

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Carrier Sells Aritech

The sale is expected to close in late 2024, subject to regulatory approvals and customary closing conditions. Until then, the Aritech, Kidde Commercial, Airsense, EMS and Edwards teams will continue to operate as part of Carrier.

Customers will not be impacted by the transaction. In any case, the Aritech, Kidde Commercial, Airsense, EMS and Edwards employees say they are excited about this new chapter.

You can read more about Airtech here or read more amazing stories from SEN.News here.

“Carrier Sells Aritech To Lone Star Subsidiary.”

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SEN News
SEN Newshttps://sen.news
Security & Electronics Networks - Leading the Security Industry with News and Latest Events. Providing information and pre-release updates on the latest tech and bringing it all to you daily. SEN News has been in print for over 20 years and has grown strong as a worldwide resource in digital media.

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