Carrier finalizes acquisition of controlling stake in Guangdong Giwee Group

Carrier has finalized its acquisition of a controlling stake in China's Guangdong Giwee Group, which produces VRF, modular chiller and light commercial air conditioning equipment. The deal expands Carrier's geographic footprint and market position in HVAC.

“Through this acquisition, we are building on a commitment to expand Carrier’s geographic footprint and market position.”mechanicalbusiness.com

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• mechanicalbusiness.comCarrier finalizes Guangdong Giwee Group purchase - Mechanical BusinessMechBizJun 9, 2021

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