Carrier completes acquisition of controlling stake in Guangdong Giwee Group

Carrier Global Corporation completed the acquisition of a controlling stake in China-based HVAC manufacturer Guangdong Giwee Group and its subsidiaries, expanding access to the VRF and light commercial market. Terms were not disclosed.

“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.”

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