Press Release United Technologies Kidde de Mexico
FARMINGTON, CONNECTICUT and MEXICO CITY, MEXICO � Seale & Associates, Inc. announced that it acted as exclusive financial advisor to UTC Climate, Controls & Security on the sale of its Kidde de Mexico, S.A. De C.V. (�KdM�) fire safety solutions business to Gulfstar XME, S.A.P.I. de C.V., an affiliate of EMX Capital.
Headquartered in Mexico City with operational headquarters in Ciudad del Carmen, KdM is a leading provider of equipment and services related to fire safety systems for the oil & gas, industrial and commercial sectors in Mexico. KdM�s capabilities include design and engineering, system integration, installation, commissioning, inspection and testing, maintenance and repair of fire safety systems.
UTC Climate, Controls & Security is a global provider of building technologies. Its fire safety, security, building automation, heating, ventilating, air-conditioning and refrigeration systems and services promote integrated, high-performance buildings that are safer, smarter and sustainable. UTC Climate, Controls & Security is a unit of United Technologies Corp. (NYSE:UTX), a leading provider to the aerospace and building systems industries worldwide.
Seale & Associates, Inc., headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients� most complex dealings.