CARR - Mergers and acquisitions

QINGDAO, China, Dec. 13, 2023 /PRNewswire/ -- Haier Smart Home entered into a stock purchase agreement with Carrier Global Corporation (NYSE:CARR) to acquire Carrier's Commercial Refrigeration Business ("Carrier Commercial Refrigeration") through acquiring 100% of the equity interest in Carolin Holdings B.V. Carrier, for total consideration of approximately USD 640 million (the "Transaction"), which represents 11x 2022A P/E. The Transaction marks Haier Smart Home's expansion from its existing household refrigeration business into the commercial refrigeration business, creating additional future growth opportunities. Carrier Commercial Refrigeration is a leading global commercial refrigerati

KENNESAW, Ga., Jan. 5, 2022 /PRNewswire/ -- Automated Logic Contracting Services Inc (Automated Logic), a leading provider of innovative building-management solutions, has acquired the business of Integrated Control Systems Inc (ICSI), an independent Automated Logic controls contractor with offices in Arizona, Colorado and New Mexico. Automated Logic is a part of Carrier Global Corporation (NYSE: CARR), the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions. ICSI is a total solutions provider of automated building controls for a wide range of customer segments including schools, colleges and universities, government and commercial offices,

PALM BEACH GARDENS, Fla., Oct. 19, 2021 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR) the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, has acquired Cavius, an innovative Danish residential alarm company that provides a complete range of smoke, heat, flood and carbon monoxide alarms. Cavius is a pioneer in the advancement of alarms, including the invention of the world's smallest photoelectric smoke alarm, which is distinguished by its award-winning European-approved micro-design. Cavius will strengthen Carrier Fire & Security's residential fire safety solutions in Europe, which includes leading Kidde products. "The acquisit

CHARLOTTE, N.C., Sept. 7, 2021 /PRNewswire/ -- Carrier today announced it has completed the acquisition of the remainder of Guangdong Giwee Group (Giwee Group) and its subsidiaries, including Guangdong Chigo Heating & Ventilation Equipment Co., Ltd. The acquisition follows Carrier's announcement on June 3, 2021 of the acquisition of a controlling interest in the Giwee Group. Carrier is a part of Carrier Global Corporation (NYSE:CARR), the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions. The Giwee Group is a China-based manufacturer of heating, ventilation and air conditioning products, offering a portfolio of high-quality products such

CHARLOTTE, N.C., June 3, 2021 /PRNewswire/ -- Carrier today announced that it has completed the acquisition of a controlling stake of Guangdong Giwee Group (Giwee Group) and its subsidiaries, including Guangdong Chigo Heating & Ventilation Equipment Co., Ltd. The acquisition will expand Carrier's access to the rapidly growing variable refrigerant flow (VRF) and light commercial market, which is expected to reach approximately $20B by 2025. Carrier is a part of Carrier Global Corporation (NYSE:CARR), the leading global provider of innovative healthy, safe and sustainable building and cold chain solutions.  "Through this acquisition, we are building on a commitment to expand Carrier's geograp