1 April 2010
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Carrier sells Europe's Sutrak bus ac business
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CARRIER has sold its Sutrak bus air conditioning business in Europe, the Middle East and Africa as well as operatons in India and Mexico to German company J Eberspacher GmbH.
Carrier's other bus air-conditioning operations are not part of the transaction.
Sutrak has manufacturing operations in Germany and Spain. The divested businesses combined had sales of approximately $90m and more than 200 employees.
Carrier president Geraud Darnis said that the transaction was a continuation of the company's strategy to focus on its core growth platforms.