Automated Logic Acquires Control Solutions to Expand in Western Canada

• Automated Logic - Canada, Ltd. (ALC), a subsidiary of Carrier Global Corporation (NYSE:CARR), acquires Control Solutions, Ltd. (CSL) to establish its first company-owned controls field office in Vancouver.
• The acquisition enhances ALC's presence in the intelligent building-automation sector in Western Canada, leveraging CSL's expertise in building automation systems.
• Carrier Global Corporation reports strong financial performance with earnings per share of $0.92 and revenue of approximately $6.11 billion, reflecting investor confidence.

Automated Logic - Canada, Ltd. (ALC), a subsidiary of Carrier Global Corporation (NYSE:CARR), has made a strategic acquisition of Control Solutions, Ltd. (CSL), a company based in Coquitlam, British Columbia. This acquisition establishes ALC's first company-owned controls field office in Vancouver, enhancing its presence in the intelligent building-automation sector in Western Canada. Carrier Global Corporation, the parent company, is a major player in the global building and cold chain solutions market.

The acquisition of CSL is a significant move for ALC, as it strengthens its footprint in Canada. Andy Bierer, Managing Director of ALC Field, highlights that this strategic move enhances ALC's capability to deliver integrated, intelligent building solutions in high-growth sectors across British Columbia. CSL is known for its expertise in designing, installing, and servicing building automation systems for complex facilities, including commercial real estate, education, data centers, residential, and large mixed-use developments.

CSL employs over 100 professionals who provide advanced building automation and control solutions, retrofit upgrades, and multi-year service contracts. These services aim to optimize energy performance and operational resilience, aligning with ALC's goals. The existing leadership and employees of CSL will continue to operate from their Coquitlam office, ensuring continuity of service to their customers across the province.

Chad Thomas, President, and Eddie McCool, CEO of CSL, expressed enthusiasm about joining Automated Logic. They highlighted the shared commitment to innovation and quality, which will enable them to deliver greater value to customers throughout British Columbia and beyond. The financial terms of the transaction were not disclosed, but the acquisition aligns with Carrier Global Corporation's strong financial performance.

Carrier Global Corporation recently reported earnings per share of $0.92, surpassing the estimated $0.906, as highlighted by their financial report on July 29, 2025. The company also reported revenue of approximately $6.11 billion, slightly exceeding analyst estimates. Carrier Global Corporation, trading under the symbol CARR on the NYSE, reached a high of $68, reflecting investor confidence in its strategic moves, including the acquisition of CSL.