# Carrier to acquire Viessmann Climate Solutions for €12 billion

Carrier Global Corp. announced the acquisition of Viessmann Climate Solutions, the largest segment of Viessmann Group, in a cash and stock transaction valued at €12 billion ($18 billion). The deal is expected to close around the end of 2023.

- Type: Acquisition
- Announced: 2023-04-26
- Where: Allendorf, Germany, Germany
- Value: $18.0B (12.0B EUR)
- Jobs: 11,000
- Status: announced
- Products: heat pumps, solar PV, batteries, climate solutions
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Carrier Global Corporation](https://endata.com/companies/7380.md) (acquirer)
- [Viessmann Group](https://endata.com/companies/7887.md) (partner)
- [Viessmann Climate Solutions](https://endata.com/companies/10678.md) (target)

## Sources

- [hpacmag.com](https://www.hpacmag.com/heating-plumbing-air-conditioning-general/carrier-to-acquire-viessmann-for-12b-euro/1004137121/), 2023-04-26: "The acquisition of Viessmann Climate Solutions is a game-changing opportunity."
- [achrnews.com](https://www.achrnews.com/articles/152949-carrier-to-acquire-viessmann-for-132b), 2023-04-26: "The acquisition of Viessmann Climate Solutions is a game-changing opportunity."
- [pmmag.com](https://www.pmmag.com/articles/104913-carrier-acquires-viessmann), 2023-05-16: "Carrier will acquire Viessmann Climate Solutions... in a cash and stock transaction valued at €12 billion"

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