UTC Business & Industrial Systems acquires Ciat
UTC Building & Industrial Systems (UTC BIS) has completed its acquisition of Ciat, the France-based HVAC company. With sales in over 20 countries in Europe, Ciat has become part of the ETC Buildings & Industrial Systems’ European HVAC division.
Didier Da Costa, president of UTC BIS, said, ‘The addition of Ciat’s talented workforce, technology assets and legacy of innovation strengthens our ability to serve our customers.’
Francis Guaitoli, CEO of Ciat, said, ‘The acquisition has provided an exceptional opportunity for us to continue to serve our customers while developing the Ciat brand in a complex European sectors. This move allows us to fully leverage our technological expertise and the capabilities of our employees.’