Automated Logic Completes Acquisition of CCG Automation, Expanding Presence in Ohio

Automated Logic (NYSE: CARR) completed the acquisition of substantially all assets of CCG Automation on Jan 6, 2026, expanding its footprint 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

Argus Jan 6 session

-0.54% close to close Open Argus

Details

News Market Reaction – CARR

On Jan 6, the day this news came out, CARR closed 0.54% below the previous close.

Data tracked by StockTitan Argus for the Jan 6 session.

Market Context

This announcement details Carrier’s Automated Logic unit acquiring substantially all assets of CCG A...

Analysis

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.

Key Figures

CCG operating history: 28 years Automated Logic history: 50 years Current share price: $53.79 +5 more

CCG operating history

28 years

CCG described as leader in energy services and building automation

Automated Logic history

50 years

Automated Logic cited with 50 years of leadership in building technologies

Current share price

$53.79

CARR price before publication of acquisition news

52-week high

$81.09

Highest price in the last 52 weeks prior to this news

52-week low

$50.30

Lowest price in the last 52 weeks prior to this news

Market cap

$45,075,067,479

Carrier market capitalization before the announcement

Contact phone

704-492-9059

Investor or media contact phone listed in release

Share repurchase increase

$5 billion

Buyback authorization increase disclosed in 8-K on 2025-10-28

Historical Context

5 past events · Latest: Dec 23

5 events

1. Dec 23

   Technology field trials

   24h Move

   +0.3%

   Launch of rooftop heat pump field trials under DOE technology challenge.

2. Dec 16

   Asset divestiture

   24h Move

   -1.9%

   Agreement to sell Riello unit with proceeds for general purposes and buybacks.

3. Dec 03

   Dividend increase

   24h Move

   +1.5%

   Board increased quarterly dividend to $0.24 per share from prior levels.

4. Nov 20

   Conference appearance

   24h Move

   +4.1%

   CEO participation in Goldman Sachs Industrials and Materials Conference.

5. Nov 04

   Training recognition

   24h Move

   -0.5%

   DOE recognition of Carrier’s heat pump training as Energy Skilled provider.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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KENNESAW, Ga., Jan. 6, 2026 /PRNewswire/ -- Automated Logic Contracting Services, Inc. (ALCS), a leading provider of innovative building-management solutions and a part of Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced that it has acquired substantially all of the assets of CCG Automation, Inc. (CCG), a leading provider of building automation solutions headquartered in Richfield, Ohio.

"This acquisition is a strategic step towards bolstering our footprint in Ohio," said Andy Bierer, President, ALCS. "CCG has been a nationally recognized leader in energy services and building automation for 28 years. We look forward to adding their expertise and legacy to Automated Logic as we continue to expand our ability to deliver integrated, intelligent building solutions in high-growth sectors across the country."

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 Cleveland, Ohio market alongside our existing ALC Cleveland employees. Terms of the transaction were not disclosed.

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
	Andrew.Brooks1@carrier.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/automated-logic-completes-acquisition-of-ccg-automation-expanding-presence-in-ohio-302653024.html

SOURCE Automated Logic Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Automated Logic announce on Jan 6, 2026 regarding CARR and CCG Automation?

Automated Logic announced it completed acquisition of substantially all assets of CCG Automation, expanding its presence in Ohio.

How will the CCG Automation acquisition affect Automated Logic's operations in Ohio (CARR)?

The acquisition increases Automated Logic's footprint in Ohio and keeps CCG employees in place to serve the Cleveland market.

Did Automated Logic disclose the purchase price or transaction terms for CCG Automation (CARR)?

No; the press release states that terms of the transaction were not disclosed.

What business areas does CCG Automation bring to Automated Logic (CARR)?

CCG provides building automation systems, retrofit upgrades and multi-year service contracts across healthcare, education, government, commercial real estate and manufacturing.

Will CCG Automation staff remain after the acquisition by Automated Logic (CARR)?

Yes; CCG employees will remain in place and continue serving customers in the Cleveland market alongside Automated Logic Cleveland staff.