Carrier completes acquisition of Viessmann Climate Solutions
January 3, 2024 | By HPAC Magazine
Max Viessmann, CEO of Viessmann Group, joins Carrier’s Board of Directors.
In a move first announced in late April 2023, Carrier Global Corp. has now completed its acquisition of Viessmann Climate Solutions from the Viessmann Group.
“The combination with Viessmann Climate Solutions creates the most comprehensive and differentiated suite of sustainable climate technologies and services in the industry today,” said Carrier chairman/CEO David Gitlin in a company release. “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.”
Viessmann’s 12,000 team members add to Carrier’s global family, now positioning Carrier in the growing residential and light commercial (RLC) space in Europe. 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.
Max Viessmann, CEO of Viessmann Group, joins Carrier’s Board of Directors.
