# Carrier to sell Riello business to Ariston Group for $430M

Carrier Global Corporation agreed to sell its Riello business to Ariston Group for gross proceeds of approximately $430 million. The transaction is expected to close in the first half of 2026.

- Type: Acquisition
- Announced: 2025-12-16
- Where: Legnago, Italy
- Value: $430.0M
- Jobs: 1,150
- Status: announced
- Products: climate and energy solutions
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Carrier Global Corporation](https://endata.com/companies/7380.md)
- [Carrier Global Corporation](https://endata.com/companies/7380.md) (investor)
- [Carrier Global Corporation](https://endata.com/companies/7380.md) (partner)
- [Ariston Group](https://endata.com/companies/13797.md) (acquirer)
- [Riello](https://endata.com/companies/19979.md) (target)
- [Riello America LLC](https://endata.com/companies/89672.md) (target)

## Sources

- [ir.carrier.com](https://ir.carrier.com/news/news-details/2025/Carrier-Announces-Agreement-to-Sell-Riello-to-Ariston-Group/default.aspx), 2025-12-16: "Carrier today announced that it has entered into a definitive agreement to sell its Riello business to Ariston Group."
- [energiamercato.it](https://www.energiamercato.it/notizie/installazioni/ariston-acquisisce-riello), 2025-12-17: "L’operazione consentirà di generare molteplici leve di creazione di valore tramite sinergie tecnologiche, ottimizzazioni negli approvvigionamenti e nella logistica, e ad un portafoglio di prodotti più ampio."
- [monitorimmobiliare.it](https://www.monitorimmobiliare.it/monitorlegale/notizia/ariston-rileva-il-100-di-riello-bonellierede-pedersoli-e-linklaters-gli-advisor_2025-12-23112748/), 2025-12-23: "Ariston Group, attivo nelle soluzioni sostenibili per il comfort climatico e il riscaldamento dell'acqua, ha siglato un accordo con società controllate da Carrier Global Corporation per l'acquisizione dell'intero capitale di Riello Group"
- [occstrategy.com](https://www.occstrategy.com/en/occ-advises-on-a-deal-in-the-climate-comfort-and-combustion-technology-sectors/), 2026-01-15: "We’re pleased to congratulate Ariston Group for agreeing to acquire Riello (Riello Group SpA and Riello America LLC) from subsidiaries of Carrier Global Corporation."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.