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December 16, 2024
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Kidde Global Solutions Acquired by Affiliate of Lone Star Funds
NIEUWS
December 02, 2024
Kidde Global Solutions Acquired by Affiliate of Lone Star Funds

PALM BEACH GARDENS, Fla.--(BUSINESS WIRE) -- Today, Carrier Global Corporation announced it has completed the sale of its Commercial and Residential Fire business to an affiliate of Lone Star Funds® for an enterprise value of $3 billion. The purchase creates Kidde Global Solutions™, a new standalone platform company. Lone Star Funds is a leading private equity firm with a significant track record of partnering with manufacturing, building products and industrial businesses globally.