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Add-on acquisition Announced Apr 2021 · Closed Jun 2021 Verified

Carrier recently acquired Guangdong Giwee Group

Relationship map

Relationship map for Carrier recently acquired Guangdong Giwee Groupparent ofCarrier: PlatformCarrierGuangdong Giwee Group: Operating CompanyGGGuangdong Giwee Group
Operating CompanyPlatform

Parties
Acquirer
Carrier
Platform
Target
Guangdong Giwee Group
Operating Company

Market signals

Summary

The announcement builds on Carrier's recent acquisition of Guangdong Giwee Group, a China-based HVAC products manufacturer with VRF and light commercial air conditioners.