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Carrier agrees to sell commercial refrigeration unit to Haier for $775 million · Endata

◂ Announcements

HVAC and Industrial Refrigerationworld trade 2024+5.3% 5Y CAGR

Dec 13, 2023ACQUISITION

Carrier agrees to sell commercial refrigeration unit to Haier for $775 million

Carrier Global agreed to sell its global commercial refrigeration business to its joint venture partner Haier for an enterprise value of $775 million, including about $200 million of net pension liabilities, announced 13 December 2023.

Value

$775.0M

Status

Announced

Productscommercial refrigeration equipmentProfroidCelsiorGreen & Cool brands

CompaniesCarrier Global Corporation partner Haier Smart Home acquirer

Sectors#HVAC and Industrial Refrigeration

“Carrier Global Corporation entered into a definitive agreement today to sell its global commercial refrigeration business to its decades-long joint venture partner Haier.”nasdaq.com

1 source
nasdaq.comCarrier Announces Agreement to Sell Carrier Commercial Refrigeration to Haier | NasdaqDec 13, 2023

Summarized from public sources; check the original articles before acting on it.

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