Carrier sells industrial fire business

Carrier Global Corporation has announced it has sold its industrial fire business, including brands Det-Tronics, Marioff, Autronica and Fireye, to private equity firm Sentinel Capital Partners.

The division has 1,400 employees in more than 20 countries, and offers fire detection and suppression solutions for high-hazard applications.

The move is part of Carrier’s portfolio transformation, which has included divestments of its Global Access Solutions business and its Commercial Refrigeration business, and the acquisition of Viessmann Climate Solutions. Carrier is instead focused on intelligent climate and energy solutions.

Carrier Global Corporation

 

 

 

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