# Carrier Global to acquire Viessmann's core business for EUR 12 billion

US fridge and air-conditioning group Carrier Global agreed to buy the core business of German heat pump maker Viessmann for about 12 billion euros ($13 billion), according to Reuters Breakingviews.

- Type: Acquisition
- Announced: 2023-04-01
- Where: Germany
- Value: $13.0B (12.0B EUR)
- Status: announced
- Products: heat pumps
- 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 Group](https://endata.com/companies/7887.md) (target)
- [Viessmann Climate Solutions](https://endata.com/companies/10678.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/breakingviews/german-13-bln-heat-pump-sale-dents-eu-green-hopes-2023-04-26/), 2023-04-26: "Yet a 12 billion euro sale of its core business to $35 billion American fridge-to-air-conditioning group Carrier Global looks like a necessary step to stay ahead."
- [sustainabilitymenews.com](https://www.sustainabilitymenews.com/environmental-social/carrier-to-buy-viessmann-climate-solutions), 2023-04-27: "The Viessmann Group has announced plans to combine its business area 'Viessmann Climate Solutions' with Carrier Global Corporation ("Carrier")."
- [naturalrefrigerants.com](https://naturalrefrigerants.com/news/carrier-finalizes-e12-billion-acquisition-of-viessmann-climate-solutions/), 2024-01-03: "Carrier Finalizes €12-Billion Acquisition of Viessmann Climate Solutions"

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