Haier Smart Home Successfully Completes Acquisition of Carrier Commercial Refrigeration
Haier Smart Home Co., has successfully completed its acquisition of Carrier Commercial Refrigeration from Carrier Global for an enterprise value of approximately $775 million. The acquisition, finalized on October 1st, 2024, enhances Haier's strategic position in the global commercial refrigeration market and expands its product portfolio.
The deal brings in over 4,000 employees and well-known brands such as Carrier Commercial Refrigeration, Profroid, Celsior, and Green & Cool. It also includes technologies related to commercial refrigeration, including carbon dioxide technology, which will contribute to environmental improvements and promote green transformation.
This acquisition allows Haier to broaden its reach from home refrigeration to the commercial refrigeration market, enabling the company to offer comprehensive refrigeration solutions to a wider clientele in the industrial, food retail, and cold storage sectors.
Haier Smart Home Co. ha completato con successo l'acquisizione di Carrier Commercial Refrigeration da Carrier Global per un valore aziendale di circa 775 milioni di dollari. L'acquisizione, finalizzata il 1° ottobre 2024, rafforza la posizione strategica di Haier nel mercato globale della refrigerazione commerciale ed espande il suo portafoglio prodotti.
L'accordo porta in dote oltre 4.000 dipendenti e marchi ben noti come Carrier Commercial Refrigeration, Profroid, Celsior e Green & Cool. Include anche tecnologie legate alla refrigerazione commerciale, tra cui la tecnologia del diossido di carbonio, che contribuirà ai miglioramenti ambientali e promuoverà una trasformazione ecologica.
Questa acquisizione consente a Haier di ampliare la sua portata dalla refrigerazione domestica al mercato della refrigerazione commerciale, permettendo all'azienda di offrire soluzioni di refrigerazione complete a una clientela più ampia nei settori industriale, della vendita al dettaglio di alimenti e dello stoccaggio a freddo.
Haier Smart Home Co. ha completado con éxito la adquisición de Carrier Commercial Refrigeration de Carrier Global por un valor empresarial de aproximadamente 775 millones de dólares. La adquisición, finalizada el 1 de octubre de 2024, mejora la posición estratégica de Haier en el mercado global de la refrigeración comercial y expande su portafolio de productos.
El acuerdo incluye a más de 4,000 empleados y marcas reconocidas como Carrier Commercial Refrigeration, Profroid, Celsior y Green & Cool. También incluye tecnologías relacionadas con la refrigeración comercial, incluida la tecnología de dióxido de carbono, que contribuirá a mejorar el medio ambiente y promoverá una transformación ecológica.
Esta adquisición permite a Haier ampliar su alcance desde la refrigeración doméstica al mercado de la refrigeración comercial, lo que permite a la empresa ofrecer soluciones de refrigeración integrales a una clientela más amplia en los sectores industrial, de venta de alimentos y de almacenamiento en frío.
Haier Smart Home Co.는 Carrier Global에서 Carrier Commercial Refrigeration의 인수에 성공했다고 발표했습니다. 기업 가치는 약 7억 7천5백만 달러입니다. 이 인수는 2024년 10월 1일에 완료되었으며, Haier의 글로벌 상업용 냉장 시장에서의 전략적 위치를 강화하고 제품 포트폴리오를 확장합니다.
이번 거래는 4,000명 이상의 직원과 Carrier Commercial Refrigeration, Profroid, Celsior, Green & Cool과 같은 잘 알려진 브랜드를 포함하고 있습니다. 또한 상업용 냉장과 관련된 기술, 특히 이산화탄소 기술을 포함하여 환경 개선에 기여하고 친환경 변화를 촉진할 것입니다.
이번 인수를 통해 Haier는 가정용 냉장에서 상업용 냉장 시장으로의 범위를 확장할 수 있게 되어 산업, 식품 소매 및 냉동 저장 부문에서 더 넓은 고객층에 종합 냉장 솔루션을 제공할 수 있습니다.
Haier Smart Home Co. a réussi à finaliser l'acquisition de Carrier Commercial Refrigeration auprès de Carrier Global pour une valeur d'entreprise d'environ 775 millions de dollars. L'acquisition, finalisée le 1er octobre 2024, renforce la position stratégique de Haier sur le marché mondial de la réfrigération commerciale et élargit son portefeuille de produits.
Cette opération comprend plus de 4 000 employés et des marques reconnues telles que Carrier Commercial Refrigeration, Profroid, Celsior et Green & Cool. Elle inclut également des technologies liées à la réfrigération commerciale, y compris la technologie au dioxyde de carbone, qui contribuera à des améliorations environnementales et favorisera une transformation écologique.
Cette acquisition permet à Haier de étendre son champ d'action de la réfrigération domestique au marché de la réfrigération commerciale, permettant ainsi à l'entreprise d'offrir des solutions de réfrigération complètes à une clientèle plus large dans les secteurs industriel, de la vente au détail alimentaire et du stockage frigorifique.
Haier Smart Home Co. hat erfolgreich die Übernahme von Carrier Commercial Refrigeration von Carrier Global für einen Unternehmenswert von etwa 775 Millionen Dollar abgeschlossen. Der Abschluss der Übernahme fand am 1. Oktober 2024 statt und stärkt Haier's strategische Position im globalen Markt für gewerbliche Kühlung und erweitert sein Produktportfolio.
Das Geschäft bringt über 4.000 Mitarbeiter und bekannte Marken wie Carrier Commercial Refrigeration, Profroid, Celsior und Green & Cool mit sich. Es umfasst auch Technologien im Zusammenhang mit gewerblicher Kühlung, einschließlich Kohlenstoffdioxid-Technologie, die zur umweltfreundlichen Verbesserung beitragen und eine grüne Transformation fördern wird.
Diese Übernahme ermöglicht es Haier, seinen Einflussbereich von der Haushaltskühlung auf den gewerblichen Kühlmarkt auszuweiten, was dem Unternehmen ermöglicht, umfassende Kühlungslösungen für eine breitere Kundenbasis in den Bereichen Industrie, Lebensmittelhandel und Kühllagerung anzubieten.
- Acquisition of Carrier Commercial Refrigeration for $775 million enterprise value
- Expansion into global commercial refrigeration market
- Addition of 4,000+ employees and well-known brands to Haier's portfolio
- Acquisition of environmentally friendly refrigeration technologies
- Broadened product offerings from home to commercial refrigeration
- None.
Insights
The acquisition of Carrier Commercial Refrigeration by Haier Smart Home for
Key points to consider:
- The acquisition adds well-known brands like Carrier Commercial Refrigeration, Profroid, Celsior and Green & Cool to Haier's portfolio.
- It brings in over 4,000 employees, enhancing Haier's human capital and expertise in commercial refrigeration.
- The deal expands Haier's reach from home refrigeration to industrial, food retail and cold storage sectors.
- Access to carbon dioxide technology and other environmentally friendly solutions aligns with growing demand for sustainable products.
While the
Haier's acquisition of Carrier Commercial Refrigeration brings significant environmental technology benefits, particularly in carbon dioxide (CO2) refrigeration systems. CO2 is a natural refrigerant with a global warming potential (GWP) of 1, far lower than traditional hydrofluorocarbon (HFC) refrigerants.
Key environmental implications:
- Accelerated adoption of low-GWP refrigerants in commercial settings
- Potential for reduced energy consumption in refrigeration systems
- Alignment with global regulations phasing out high-GWP refrigerants
- Enhanced ability to meet corporate sustainability goals for end-users
This acquisition positions Haier to capitalize on the growing demand for environmentally friendly refrigeration solutions. As regulations tighten and businesses prioritize sustainability, Haier's expanded portfolio of green technologies could drive significant market growth. Investors should consider the long-term value this creates, as environmental performance becomes increasingly tied to financial performance in the appliance and refrigeration sectors.
This acquisition follows the signing of definitive agreements on December 12, 2023 and represents a significant step forward in Haier's global growth strategy. The deal successfully closed after obtaining all necessary regulatory approvals and fulfilling a series of customary closing conditions, ensuring good coordination among all stakeholders and a smooth transition for the business.
"We are thrilled to welcome the 4,000+ Carrier Commercial Refrigeration employees into the Haier family," said Li Huagang, Chairman and CEO of Haier Smart Home. "This transaction not only broadens our product portfolio but also provides a unique opportunity to create a better and more sustainable solution provider from industrial & food retail refrigeration to cold storage. The well-known brands such as Carrier Commercial Refrigeration, Profroid, Celsior, and Green & Cool, along with their outstanding teams and key customers, will play a crucial role in our efforts to deliver more comprehensive and innovative product solutions to our increasingly diverse clientele."
"Joining Haier represents a fantastic opportunity for our business and team," stated Marcus Eisenhuth, CEO of Carrier Commercial Refrigeration. "Our team is astonished and touched by Haier's strong commitment and dedication to ensure a smooth business transition and obtaining all necessary approvals within the expected timeframe. During the joint process, we gained a better understanding of the unique Haier culture, the RenDanHeYi model, and the way Haier enables each individual. We look forward to the synergies this partnership will undoubtedly create."
The acquisition enables Haier to broaden its reach from home refrigeration to the commercial refrigeration market, enhancing its ability to offer comprehensive refrigeration solutions to a broader clientele in the industrial, food retail and cold storage sectors.
About Haier Smart Home Co., Ltd.
Haier is one of the world's leading manufacturers of household appliances with a focus on smart home solutions and customized production. Haier Smart Home Co., Ltd. develops, produces and distributes a wide range of household appliances. These include refrigerators, freezers, washing machines, air conditioners, water heaters, kitchen appliances, small household appliances, and an extensive range of intelligent household appliances. The Company distributes its products through leading household brands such as Haier, Casarte, Leader, GE Appliances, Fisher & Paykel, AQUA and Candy. Haier Smart Home Co., Ltd. has launched Smart Home Experiential Cloud in the Chinese market, which connects homes, users, enterprises and ecosystem partners, and facilitates the integration of Haier's online, offline and micro-store businesses and supports user interaction to further optimize the user experience.
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SOURCE Haier Smart Home
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