Carrier to acquire Viessmann Climate Solutions for €12 billion

Carrier Global announced it will acquire Viessmann Climate Solutions, the largest segment of Viessmann Group, in a cash-and-stock deal valued at €12 billion (~13x synergized 2023 EBITDA), positioning Carrier in the European heat pump market. Max Viessmann joins Carrier's board.

“Carrier will acquire Viessmann Climate Solutions, the largest segment of Viessmann Group, in a cash and stock transaction valued at €12 billion, subject to working capital and other adjustments.”

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.