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Divestiture Dec 2023 Verified

Carrier planning further business exits in portfolio transformation

Carrier's CEO said the Honeywell transaction, together with planned exits of industrial fire, residential and commercial fire, and commercial refrigeration cabinet businesses, will accelerate its growth strategy and focus.

“The transaction, together with the planned exits of our industrial fire, residential and commercial fire, and commercial refrigeration cabinet businesses, will accelerate our growth strategy and focus, positioning Carrier to deliver higher growth and superior shareholder value and further reinforcing our track record of performing while transforming.”

Entities

Carrier Global Corp · Parent
OtherRefrigeration

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.