Categories
Acquisition

Haier Smart Home acquires Carrier’s Commercial Refrigeration Business for $ 640mn

Haier Smart Home entered into a stock purchase agreement with Carrier Global Corporation to acquire Carrier’s Commercial Refrigeration Business (“Carrier Commercial Refrigeration”) through acquiring 100% of the equity interest in Carolin Holdings B.V. Carrier, for total consideration of approximately USD 640 million, which represents 11x 2022A P/E. The Transaction marks Haier Smart Home’s expansion from its […]

Categories
Executive Movements

Carrier Global Corporation appoints Susan N. Story to its Board

Carrier Global Corporation, the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, announced that Susan N. Story, former President and Chief Executive Officer of American Water Works Company, Inc., has been elected to Carrier’s Board of Directors, effective Jan. 15, 2023. She will serve on the Board’s Audit and Compensation Committees. […]