# Carrier sells refrigeration business to Haier for $775M

Carrier Global Corporation has entered into a definitive agreement to sell its Carrier Commercial Refrigeration business to Chinese manufacturer Haier for $775 million.

- Type: Acquisition
- Announced: 2023-11-19
- Where: Palm Beach Gardens, Florida, United States
- Value: $775.0M
- Jobs: 12,000
- Status: announced
- Products: commercial refrigeration equipment
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Carrier Global Corporation](https://endata.com/companies/7380.md)
- [Haier](https://endata.com/companies/5126.md) (acquirer)
- [Carrier Global Corporation](https://endata.com/companies/7380.md) (acquirer)
- [Carrier Global Corporation](https://endata.com/companies/7380.md) (partner)
- [Viessmann Group](https://endata.com/companies/7887.md) (partner)
- [Viessmann Group](https://endata.com/companies/7887.md) (target)
- [Viessmann Climate Solutions](https://endata.com/companies/10678.md) (target)

## Sources

- [coolingpost.com](https://www.coolingpost.com/category/news-headlines/page/52/), 2023-11-19: "Carrier Global Corporation has entered into a definitive agreement to sell its Carrier Commercial Refrigeration business to Chinese manufacturer Haier for $775m."
- [corporate.carrier.com](https://www.corporate.carrier.com/news/news-articles/202312_carrier-announces-agreement-sell-carrier-commercial-refrigeration-haier.html), 2023-12-13: "Executing this definitive agreement demonstrates continued progress in our portfolio transformation, further positioning Carrier as the global leader in intelligent climate and energy solutions."
- [paulweiss.com](https://www.paulweiss.com/insights/client-news/carrier-to-sell-carrier-commercial-refrigeration-to-haier), 2023-12-13: "The agreement marks another meaningful step forward in Carrier’s portfolio transformation."
- [viessmann-kh.com](https://www.viessmann-kh.com/en/company/newsroom/carrier-acquisition.html), 2024-01-04: "The combination with Viessmann Climate Solutions creates the most comprehensive and differentiated suite of sustainable climate technologies and services in the industry today."
- [achrnews.com](https://www.achrnews.com/articles/154138-why-carrier-acquired-viessmann-climate-solutions), 2024-02-09: "Carrier announced the intent to acquire Viessmann Climate Solutions April 2023, with the closing of the acquisition taking place January 2, 2024."
- [viessmann-climatesolutions.com](https://www.viessmann-climatesolutions.com/en/newsroom/company/carrier-completes-acquisition-of-viessmann-climate-solutions.html), 2024-03-13: "The combination with Viessmann Climate Solutions creates the most comprehensive and differentiated suite of sustainable climate technologies and services in the industry today."
- [viessmann.se](https://www.viessmann.se/sv/foretag/nyheter/carrier-slutfor-forvarvet-av-viessmann-climate-solutions.html), 2025-01-13: "Carrier Global Corporation meddelade idag att man har slutfört förvärvet av Viessmann Climate Solutions från Viessmann Group."

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