# Haier Smart Home completes acquisition of Carrier Commercial Refrigeration for $775M

Haier Smart Home has completed its acquisition of Carrier Commercial Refrigeration from Carrier Global Corporation for an enterprise value of approximately $775 million. The deal was signed on December 12, 2023 and closed on October 1, 2024.

- Type: Acquisition
- Announced: 2024-10-01
- Where: United States
- Value: $775.0M
- Status: completed
- 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)
- [Carrier Corp](https://endata.com/companies/5132.md) (target)
- [Carrier Global Corporation](https://endata.com/companies/7380.md) (partner)
- [Haier Smart Home](https://endata.com/companies/11349.md) (acquirer)
- [Carrier Commercial Refrigeration](https://endata.com/companies/32706.md) (target)

## Sources

- [haier.com](https://www.haier.com/global/press-events/news/20241002_251570.shtml), 2024-10-02: "This transaction not only broadens our product portfolio but also provides a unique opportunity to create a better and more sustainable solution provider from industrial & food retail refrigeration to cold storage."
- [coolingpost.com](https://www.coolingpost.com/world-news/carrier-completes-sale-of-refrigeration-business/), 2024-10-02: "The sale of Carrier Commercial Refrigeration marks a significant step in our portfolio transformation to further strengthen our company's global leadership position in intelligent climate and energy solutions."
- [cliffordchance.com](https://www.cliffordchance.com/news/news/2024/10/clifford-chance-advises-haier-smart-home-on-global-regulatory-fi.html), 2024-10-03: "Clifford Chance has advised Haier Smart Home on the global regulatory filings for its acquisition of Carrier's Commercial Refrigeration business (CCR) for an enterprise value of US$775 million."

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