Seale Advises UTC Climate, Controls & Security on the Divestiture of Its Kidde de Mexico Fire Safety Solutions Business
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.