Carrier Global's Sensitech to Acquire Berlinger's Monitoring Solutions Unit

MT Newswires Live06-20

Carrier Global (CARR) said Wednesday that its Sensitech subsidiary had agreed to acquire the Monitoring Solutions business of Berlinger, a Swiss family-owned company.

No financial terms were disclosed. The deal, expected to close in Q3, is subject to customary conditions.

Sensitech provides supply-chain logistics services. Berlinger's 85-employee Monitoring Solutions unit provides software and detection devices for oversight of temperature-sensitive pharmaceutical and healthcare products in transit.

Price: 65.75, Change: +0.03, Percent Change: +0.05

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