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Deal announced Apr 2021 · China Verified

Carrier to acquire Guangdong Giwee Group

Carrier signed agreements to acquire a controlling stake in Guangdong Giwee Group and its subsidiaries, including Guangdong Chigo Heating & Ventilation Equipment, to expand its VRF and light commercial position in China.

“Carrier announced that it has signed agreements to acquire Guangdong Giwee Group and its subsidiaries, including Guangdong Chigo Heating & Ventilation Equipment Co., Ltd.”

Entities

Carrier · Acquirer Guangdong Chigo Heating & Ventilation Equipment Co., Ltd. · Subsidiary Guangdong Giwee Group · Target
HVAC

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.