# Haier Smart Home acquires Carrier Commercial Refrigeration for $640M

Haier Smart Home has entered into a stock purchase agreement to acquire Carrier Commercial Refrigeration from Carrier Global Corporation for approximately $640 million. The transaction is expected to close in the second half of 2024.

- Type: Acquisition
- Announced: 2024-02-13
- Where: United States
- Value: $640.0M
- 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) (partner)
- [Carrier Global Corporation](https://endata.com/companies/7380.md) (target)
- [Haier Smart Home](https://endata.com/companies/11349.md) (acquirer)
- [Carrier Commercial Refrigeration](https://endata.com/companies/32706.md) (target)

## Sources

- [hafactory.it](https://www.hafactory.it/2024/02/13/haier-smart-home-acquires-carrier-commercial-refrigeration/), 2024-02-13: "The acquisition will help Haier Smart Home establish its commercial refrigeration platform, enabling the company to capture additional growth opportunities by expanding its presence to food retail refrigeration and cold storage."
- [thecapitolforum.com](https://thecapitolforum.com/haier-smart-home-carrier-global-commercial-refrigeration-transaction/), 2024-03-18: "Chinese home appliance supplier Haier Smart Home’s proposed $640 million acquisition of Carrier Global’s commercial refrigeration business requires a filing under the Foreign Subsidies Regulation in Europe."

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