Automated Logic Completes Acquisition of CCG Automation, Expanding Presence in Ohio
Rhea-AI Summary
Automated Logic (NYSE: CARR) completed the acquisition of substantially all assets of CCG Automation on Jan 6, 2026, expanding its footprint in Ohio.
CCG, headquartered in Richfield, OH, provides building automation, retrofit upgrades and multi-year service contracts across healthcare, education, government, commercial real estate and manufacturing and has operated for 28 years. CCG employees will remain in place to serve the Cleveland market alongside existing Automated Logic Cleveland staff. Terms of the transaction were not disclosed.
Positive
- Acquired substantially all assets of CCG Automation (Jan 6, 2026)
- Expands Automated Logic presence in Ohio and Cleveland market
- Adds CCG's 28 years of building automation experience
- CCG employees to remain, supporting local continuity of service
Negative
- Terms of the transaction were not disclosed
- No financial details provided, limiting shareholder impact assessment
News Market Reaction – CARR
On the day this news was published, CARR declined 0.54%, reflecting a mild negative market reaction. Our momentum scanner triggered 16 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $235M from the company's valuation, bringing the market cap to $43.24B at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Peers showed mixed moves: JCI down 1.2%, TT down 1.1%, while LII, CSL, and BLDR were modestly positive. With CARR up 0.5% and only JCI in momentum scanners, trading appears more stock-specific than broad sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 23 | Technology field trials | Positive | +0.3% | Launch of rooftop heat pump field trials under DOE technology challenge. |
| Dec 16 | Asset divestiture | Positive | -1.9% | Agreement to sell Riello unit with proceeds for general purposes and buybacks. |
| Dec 03 | Dividend increase | Positive | +1.5% | Board increased quarterly dividend to $0.24 per share from prior levels. |
| Nov 20 | Conference appearance | Positive | +4.1% | CEO participation in Goldman Sachs Industrials and Materials Conference. |
| Nov 04 | Training recognition | Positive | -0.5% | DOE recognition of Carrier’s heat pump training as Energy Skilled provider. |
Recent news has more often aligned with modest positive price reactions, though some strategic updates have seen short-term pullbacks.
Over the last few months, Carrier reported several strategic and financial developments. In Q3 2025, results showed lower net sales and operating profit but strong cash generation and an expanded buyback program. The Board later raised the quarterly dividend to $0.24 per share effective February 9, 2026. Carrier also pursued technology initiatives such as next-generation rooftop heat pump field trials and DOE-recognized training programs. Against this backdrop, today’s Automated Logic acquisition in Ohio extends the ongoing expansion of its building automation footprint.
Market Pulse Summary
This announcement details Carrier’s Automated Logic unit acquiring substantially all assets of CCG Automation to deepen its Ohio presence in building automation and energy services. It follows earlier 2025 acquisitions that extended Automated Logic into Germany and Western Canada, reinforcing a consistent expansion strategy. Against recent Q3 2025 financial results and an enlarged share repurchase authorization, investors may track how added regional scale, service contracts, and sector exposure contribute to future segment performance.
AI-generated analysis. Not financial advice.
"This acquisition is a strategic step towards bolstering our footprint in
CCG Automation, Inc. designs, installs and services building automation systems for complex facilities across healthcare, education, government, commercial real estate and manufacturing. The company's employees deliver advanced building automation and control solutions, retrofit upgrades and multi-year service contracts that help customers optimize energy performance and operational resilience.
"Joining Automated Logic at this time is an exciting milestone for our team," said Brian Wagner, President and Founder, CCG Automation, Inc. "Automated Logic has 50 years of leadership in intelligent building technologies and shares our commitment to innovation and quality. Together, we will deliver even greater value to our customers."
CCG employees will remain in place, continuing to serve customers in the
About Automated Logic
Automated Logic Corporation provides innovative building-management solutions that maximize energy efficiency and sustainable building operation while ensuring comfort. Its intuitive products control and monitor building functions such as heating, air conditioning and lighting for commercial office, education, health care, government and data center markets through a global network of independent dealers and North American branch offices. Automated Logic is a part of Carrier Global Corporation, global leader in intelligent climate and energy solutions, committed to creating innovations that bring comfort, safety and sustainability to life. For more information, visit automatedlogic.com or follow Automated Logic on LinkedIn.
Contact: | Andrew Brooks |
704-492-9059 | |
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SOURCE Automated Logic Corporation
FAQ
What did Automated Logic announce on Jan 6, 2026 regarding CARR and CCG Automation?
How will the CCG Automation acquisition affect Automated Logic's operations in Ohio (CARR)?
Did Automated Logic disclose the purchase price or transaction terms for CCG Automation (CARR)?
What business areas does CCG Automation bring to Automated Logic (CARR)?
Will CCG Automation staff remain after the acquisition by Automated Logic (CARR)?
