Carrier Corp. to sell bus air conditioning business

Posted on March 22, 2011

FARMINGTON, Conn. — Carrier Corp. has entered into an agreement to sell its bus air conditioning business in the U.S. and Canada to Mobile Climate Control (MCC), a provider of climate control solutions to the commercial vehicle industry.

Carrier's North American bus air conditioning business, headquartered in York, Pa., had sales of approximately $60 million in 2010 and approximately 50 employees, company officials said. It serves transit, intercity and school bus customers in the U.S. and Canada with a full line of rooftop, rear-mount and split system bus air conditioning systems.

Officials said that the transaction is expected to close in 30 days, subject to customary closing conditions. After the transaction closes, production will transition from Carrier's manufacturing facility in Athens, Ga., to Mobile Climate Control.

"We're pleased that this combination with a leading supplier to the commercial vehicle industry will enhance the growth potential of this North American bus air conditioning business," said Geraud Darnis, president of Carrier Corp. "The transaction is a continuation of our strategy to increase focus on our core growth platforms."

"The acquisition of Carrier's bus business greatly enhances MCC's offer to our customers by strengthening the product portfolio with a complete range of air conditioning products as well as providing a network of dealers and service providers all across the U.S. and Canada," added Clas Gunneberg, president and CEO of MCC Group.

Last year, Carrier sold its Sütrak bus air conditioning business that had operations outside of the U.S. and Canada.

Related Topics: air conditioning

Comments ( 0 )
More Stories

VIDEO: Kansas District’s School Bus Safety Week PSA

Emporia (Kan.) Public Schools’ video for National School Bus Safety Week informs the public about safety procedures, including pre-trip inspections, warning lights and stop arms, and student loading and unloading.

Representatives of The Peterbilt Store accept the TRP Bus Segment Dealer of the Year Award at the PACCAR Parts and Peterbilt 2016 Parts and Service Meeting in Orlando, Florida. Photo courtesy of Rosena Usmani.

More Bus, Truck Parts Dealers Honored

Among other PACCAR Parts and Peterbilt Motors Co. awards presented in Orlando, Florida, The Peterbilt Store receives the TRP Bus Segment Dealer of the Year Award.

Be the First to Know

Get the latest news and most popular articles from SBF delivered straight to your inbox. Stay on top of the school bus industry and don't miss a thing!