Carrier Corp. Acquires Sharp Mechanical, Inc.
May 30, 2008
ST. LOUIS, Mo., United States
Carrier Corp. has acquired Sharp Mechanical, Inc., a St. Louis, Missouri-based HVAC (heating, ventilation and air conditioning) contractor specializing in the service and repair of commercial equipment. The business will operate as part of Carrier Commercial Service effective immediately. Carrier Corp. is a unit of United Technologies Corp. (NYSE:UTX).
Sharp Mechanical, incorporated in 1988, provides HVAC service in the St. Louis metro area to a wide variety of customers, including manufacturers, universities, property management firms and municipalities.
"We’re pleased to add Sharp Mechanical to the Carrier Commercial Service network," said Guy Colglazier, vice president and general manager of Carrier Commercial Service. "Their knowledge of the local market and expertise in servicing commercial equipment will help us provide greater value to our customers."
The acquisition was completed on May 13. Terms of the deal were not disclosed.
Carrier Commercial Service provides maintenance, repair and replacement services for HVAC systems; building controls; and energy management services and solutions products from more than 100 locations in the United States and Canada.
About Carrier Corp.
Carrier Corp., headquartered in Farmington, Conn., is the world’s largest provider of heating, air-conditioning and refrigeration solutions. With 2007 revenues of $14.6 billion, Carrier has approximately 43,000 employees worldwide and operations in more than 170 countries. Carrier is part of United Technologies Corp., a Hartford, Connecticut-based provider of products and services to the aerospace and building systems industries worldwide. Visit www.carrier.com for more information.