CHARLOTTE, N.C., Sept. 7, 2021 /PRNewswire/ -- Carrier today
announced it has completed the acquisition of the remainder of
Guangdong Giwee Group (Giwee Group) and its subsidiaries, including
Guangdong Chigo Heating & Ventilation Equipment Co., Ltd. The
acquisition follows Carrier's announcement on June 3, 2021 of the acquisition of a controlling
interest in the Giwee Group. Carrier is a part of Carrier
Global Corporation (NYSE: CARR), the leading global provider
of healthy, safe, sustainable and intelligent building and cold
chain solutions.
The Giwee Group is a China-based manufacturer of heating,
ventilation and air conditioning products, offering a portfolio of
high-quality products such as variable refrigerant flow, modular
chiller and light commercial air conditioning solutions.
About Carrier
Founded by the inventor of modern air
conditioning, Carrier is a world leader in heating,
air-conditioning and refrigeration solutions. Carrier experts
provide sustainable solutions, integrating energy-efficient
products, building controls and energy services for residential,
commercial, retail, transport and food service customers. Carrier
is a part of Carrier Global Corporation, the leading global
provider of healthy, safe, sustainable and intelligent building and
cold chain solutions. For more information, visit
carrier.com or follow @Carrier on Twitter.
CARR-IR
Cautionary Statement
This communication contains
statements which, to the extent they are not statements of
historical or present fact, constitute "forward-looking statements"
under the securities laws. These forward-looking statements are
intended to provide management's current expectations or plans for
Carrier's future operating and financial performance, based on
assumptions currently believed to be valid. Forward-looking
statements can be identified by the use of words such as "believe,"
"expect," "expectations," "plans," "strategy," "prospects,"
"estimate," "project," "target," "anticipate," "will," "should,"
"see," "guidance," "outlook," "confident," "scenario" and other
words of similar meaning in connection with a discussion of future
operating or financial performance or the separation from United
Technologies Corporation (the "Separation"), since renamed Raytheon
Technologies Corporation. Forward-looking statements may include,
among other things, statements relating to future sales, earnings,
cash flow, results of operations, uses of cash, share repurchases,
tax rates and other measures of financial performance or potential
future plans, strategies or transactions of Carrier, the estimated
costs associated with the Separation, Carrier's plans with respect
to its indebtedness and other statements that are not historical
facts. All forward-looking statements involve risks, uncertainties
and other factors that may cause actual results to differ
materially from those expressed or implied in the forward-looking
statements. For additional information on identifying factors that
may cause actual results to vary materially from those stated in
forward-looking statements, see Carrier's reports on Forms 10-K,
10-Q and 8-K filed with or furnished to the U.S. Securities and
Exchange Commission from time to time. Any forward-looking
statement speaks only as of the date on which it is made, and
Carrier assumes no obligation to update or revise such statement,
whether as a result of new information, future events or otherwise,
except as required by applicable law.
Contact:
|
Danielle
Canzanella
|
|
860-221-8457
|
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Danielle.Canzanella@Carrier.com
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SOURCE Carrier