Carrier Global Corporation announced today that it has received approval from the European Commission to proceed with its proposed acquisition of Viessmann Climate Solutions. This marks the final regulatory clearance required, with Carrier on track to close the transaction on January 2, 2024, subject only to conditions to be satisfied on the closing date.
"We are pleased to have secured clearance from the European Commission for our planned transaction with Viessmann Climate Solutions," said Carrier Chairman & CEO David Gitlin. "This combination will be highly impactful, with the most comprehensive and differentiated suite of sustainable climate technologies and services in our industry's fastest growing segments and geographies. We look forward to welcoming Viessmann Climate Solutions in the new year."