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Euro Commission clears Carrier/Viessmann deal

USA/GERMANY: The Carrier acquisition of Viessmann Climate Solutions is said to have been cleared by the European Commission.

This marks the final regulatory clearance required for the deal, which is now expected to close on January 2.

Carrier’s acquisition of Viessmann Climate Solutions, the largest segment of the German Viessmann Group which includes gas heating, air conditioners and heat pumps, comprises a cash and stock transaction valued at €12bn. 

Carrier chairman & CEO David Gitlin commented: “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.”

Related stories:

Carrier confirms €12bn Viessmann purchase25 April 2023
USA/GERMANY: Carrier has confirmed it will acquire Viessmann Climate Solutions, the largest segment of Viessmann Group, in a cash and stock transaction valued at €12bn. Read more…

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