Carrier Finalizes Acquisition of Guangdong Giwee Group

Date: 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.
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