Subscribe to the daily news Sign in
En
Carrier Finalizes Acquisition of Guangdong Giwee Group
08 September 2021

Carrier Finalizes Acquisition of Guangdong Giwee Group

Carrier announced it has completed the acquisition of the remainder of Guangdong Giwee Group (Giwee Group) and its subsidiaries, including Guangdong Chigo Heating & Ventilation Equipment Co., Ltd. The acquisition follows Carrier's announcement on June 3, 2021 of the acquisition of a controlling interest in the Giwee Group. Carrier is a part of Carrier Global Corporation (NYSE: CARR), the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions.

The Giwee Group is a China-based manufacturer of heating, ventilation and air conditioning products, offering a portfolio of high-quality products such as variable refrigerant flow, modular chiller and light commercial air conditioning solutions.
Share
Get the daily refrigeration briefing
Trusted by 3,000+ refrigeration professionals worldwide
By subscribing, you create a free Refindustry account and agree to our Terms of Service and Privacy Policy.
No spam. Only industry-relevant news.
Unsubscribe anytime.

Related news

Daikin Europe reports record EMEA turnover
Daikin Europe N.V. reported annual turnover of 5.25 billion euro [approx. USD 5.68 billion] for fiscal year 2025, exceeding its previous-year result and reaching a record high. The subsidiary overs...
14 May 2026
Bosch Hosts EMB-POD and GIZ at AC Facility in the Philippines
The Philippine Environmental Management Bureau’s Ozone Desk (EMB-POD) and GIZ visited Bosch’s air conditioning manufacturing facility in April to strengthen cooperation and support accurate environ...
17 May 2026
Daikin faces HVAC pricing lawsuits in the United States
Daikin Industries said the company and several U.S. subsidiaries have been named as defendants in four lawsuits filed in the United States District Court for the Eastern District of Michigan. T...
14 May 2026
SYCLEF and Quinn Downes formalise Ireland HVAC partnership
Quinn Downes and SYCLEF have formalised their strategic partnership after approval by the Competition and Consumer Protection Commission, Ireland’s competition authority. The decision enables the e...
14 May 2026
Daikin and Delta Sign MOU on Data Centre Cooling in Asia-Oceania
Daikin Holdings Singapore Pte. Ltd. has signed a Memorandum of Understanding with Delta Electronics, Inc. to collaborate on next-generation Coolant Distribution Unit solutions for AI and high-perfo...
13 May 2026
Carrier Launches High-Efficiency VRF Model in Japan
Carrier has launched a new high-efficiency model in its Super Multi u variable refrigerant flow (VRF) series in Japan, featuring an industry-first voluntary certified performance rating for air-coo...
13 May 2026