Carrier Global to acquire Guangdong Giwee Group

Carrier Global Corporation announced it has signed agreements to acquire Guangdong Giwee Group and its subsidiaries, including Guangdong Chigo Heating & Ventilation Equipment Co., Ltd. The transaction is expected to close in Q3 2021, subject to regulatory approvals.

“On April 19, 2021, Carrier Global Corporation (the “Company”) announced that it has signed agreements to acquire Guangdong Giwee Group and its subsidiaries, including Guangdong Chigo Heating & Ventilation Equipment Co., Ltd. The transactions are expected to close in the third quarter of 2021, subject to customary closing conditions including the receipt of regulatory approvals.”

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