Tag: Li Huagang

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…