# Watsco's Carrier Enterprise acquires 35% of Russell Sigler HVAC distributor

Carrier Enterprise, a Watsco-Carrier joint venture, acquired a 35% ownership stake in Russell Sigler, Inc., a western U.S. HVAC distributor with about $650 million in annual sales, for approximately $63.6 million in cash.

- Type: Acquisition
- Announced: 2017-06-20
- Where: Western United States, United States
- Value: $63.6M
- Status: completed
- Products: residential HVAC equipment, commercial HVAC equipment, HVAC parts and supplies
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Carrier Enterprise](https://endata.com/companies/1633.md) (acquirer)
- [Watsco](https://endata.com/companies/1634.md) (investor)
- [Russell Sigler](https://endata.com/companies/1635.md) (target)

## Sources

- [tucson.com](https://tucson.com/business/article_467b6121-5970-5651-bd80-e42f394c35b8.html), 2017-06-21: "has acquired 35% ownership of Russell Sigler, Inc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.