Approval marks final transaction regulatory
clearance; closing expected January 2,
2024
PALM
BEACH GARDENS, Fla., Dec. 18,
2023 /PRNewswire/ -- Carrier Global Corporation
(NYSE: CARR), global leader in intelligent climate and energy
solutions, announced today that it has received approval from the
European Commission to proceed with its proposed acquisition of
Viessmann Climate Solutions. This marks the final regulatory
clearance required, with Carrier on track to close the transaction
on January 2, 2024, subject only to
conditions to be satisfied on the closing date.
"We are pleased to have secured clearance from the European
Commission for our planned transaction with Viessmann Climate
Solutions," said Carrier Chairman & CEO David Gitlin. "This combination will be highly
impactful, with the most comprehensive and differentiated suite of
sustainable climate technologies and services in our industry's
fastest growing segments and geographies. We look forward to
welcoming Viessmann Climate Solutions in the new year."
About Carrier
Carrier Global Corporation, global
leader in intelligent climate and energy solutions, is committed to
creating solutions that matter for people and our planet for
generations to come. From the beginning, we've led in inventing new
technologies and entirely new industries. Today, we continue to
lead because we have a world-class, diverse workforce that puts the
customer at the center of everything we do. For more information,
visit corporate.carrier.com or follow Carrier on social media
at @Carrier.
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. Forward-looking statements
may include, among other things, statements relating to future
acquisitions, 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, 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.
CARR-IR
Contact:
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Investor
Relations
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Sam
Pearlstein
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561-365-2251
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Sam.Pearlstein@Carrier.com
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Media
Inquiries
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Ashley
Barrie
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860-416-3657
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Ashley.Barrie@Carrier.com
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SOURCE Carrier Global Corporation