Following talks that started in April last year, Carrier Global Corporation has announced that it has now completed its acquisition of Viessmann Climate Solutions from the Viessmann Group. The transaction of the German manufacturing group is said to further strengthen Carrier’s global leadership position as an end-to-end sustainable climate and energy solutions provider that addresses all heating, cooling, renewables, solar PV, battery storage and energy management needs for the home.
Viessmann Climate Solutions’ 12,000 team members, which includes over 130 employees based in Telford in the UK, will now join with Carrier which currently employs over 45,000 staff globally. Thomas Heim, who previously led Viessmann Climate Solutions, will lead Carrier RLC HVAC in Europe, the Middle East and Africa, which includes Viessmann Climate Solutions and Carrier’s RLC business in the region, including Riello.
“The combination with Viessmann Climate Solutions creates the most comprehensive and differentiated suite of sustainable climate technologies and services in the industry today,” says Carrier Chairman & CEO David Gitlin. “The transaction, together with the planned exits of our Fire & Security and Commercial Refrigeration businesses, will transform Carrier’s business into a higher growth business with a clear focus and mandate on global leadership in intelligent climate and energy solutions.”
Effective immediately, Max Viessmann, CEO of Viessmann Group, joins Carrier’s Board of Directors. He adds: “I look forward to working closely with Dave and his leadership team as well as my fellow Board Directors, to build a future-proof, truly global, climate champion. I could not be more excited about this combination, which lays the perfect basis to capture growth opportunities and maximize impact for generations to come.”
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