Concepcion Industrial Corp. Stock Analysis CIC.PM

Concepcion Industrial Corp. operates as a holding company, which engages in the supply of air conditioners, air conditioning solutions, and refrigerators. The company employs 1,468 full-time employees The company went IPO on 2013-11-27. The firm is a provider of home and business solutions. Its segments include consumer business and commercial business. The consumer business segment's products and related services include heating, ventilating and air conditioning (HVAC) for consumer use, domestic refrigeration products, laundry, and kitchen appliances. Its consumer business has a network of distributors, dealers, retailers, and technicians, who sell, install and service the Company's products primarily in the residential and light commercial segments. The commercial business segment's products and related services include HVAC as well as sales and service of elevators and escalators, primarily for commercial and industrial use. Its commercial business products are sold directly to end customers or through a network of accredited specialist contractors. Its brands include Carrier, CONDURA and OTIS, among others.