Scott-Macon Advises UTC Climate, Controls & Security in Merger
UTC Climate, Controls & Security announced the sale of CIPRIANI PHE SRL, a subsidiary of CIAT, to GROUPE SFPI. Headquartered in Pescantina, Italy, CIPRIANI PHE SRL engages in the manufacturing and distribution of heat exchangers. The company specializes in the manufacturing of gasketed plate heat exchangers to the HVAC industry. Scott-Macon’s Industrial & Automotive Group acted as the exclusive financial advisor to UTC Climate, Controls & Security in this transaction.
The company specializes in the manufacturing of gasketed plate heat exchangers to the HVAC industry. Scott-Macon’s Industrial & Automotive Group acted as the exclusive financial advisor to UTC Climate, Controls & Security in this transaction.
About UTC Climate, Controls & Security
UTC Climate, Controls & Security is the leading provider of heating, air conditioning and refrigeration systems, building controls and automation, and fire and security solutions. UTC Climate, Controls & Security is a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide.
About GROUPE SFPI
Headquartered in Paris, France, GROUPE SFPI produces and distributes equipment for the construction and manufacturing industries. For the construction industry, the group produces joinery, shutters, industrial closures, locks, sophisticated access security systems, monitoring systems, and alarms. For the manufacturing industry, the group offers companies in the fields of thermal and air treatment processes, heat exchangers, sterilizers, air conditioning units, pneumatic transport, and dust extraction systems.
About Scott-Macon's Industrial & Automotive Group and M&A Services
Led by Fabian Hassel and with over 25 years of experience, Scott-Macon’s industrial and automotive industry professionals provide merger and acquisition, financing, valuation, and strategic advisory services to a global client base.
Scott-Macon professionals assist clients in all stages of the sale or acquisition process and develop strategy, acquisition parameters and purchase constraints before the initiation of the program. Utilizing experience in both domestic and international advisory, Scott-Macon's professionals have assisted clients on the purchase or sale of companies, subsidiaries and business units in a broad range of industries.