Apr 19, 2021ACQUISITIONChina Carrier agrees to acquire Guangdong Giwee Group
Carrier has signed agreements to acquire Guangdong Giwee Group, a China-based HVAC manufacturer, to expand its VRF and light commercial businesses. The acquisition is expected to close in 2021.
Capacity
1.5 million sets per year
Productsvariable refrigerant flow systemsmodular chillerslight commercial air conditioners
“This will be an excellent strategic fit and will support our growth strategy in the global VRF and light commercial businesses.”corporate.carrier.com
- 5 sources
- corporate.carrier.comCarrier Agrees to Acquire Guangdong Giwee Group, a China-based HVAC ManufacturerApr 19, 2021
- coolingpost.comCarrier agrees acquisition of Chinese AC manufacturer - Cooling PostNeil EverittApr 19, 2021
- corporate.carrier.comCarrier Completes Acquisition of Guangdong Giwee Group, China-based HVAC ManufacturerJun 3, 2021
- refindustry.comCarrier Completes Acquisition of Guangdong Giwee Group - RefindustryJun 3, 2021
- vietnamstar.netCarrier Completes Acquisition of Guangdong Giwee Group, China-based HVAC Manufacturer – VIETNAM STARJun 3, 2021
Summarized from public sources; check the original articles before acting on it.
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