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according to it house news on october 3, haier smart home issued an announcement announcing that it successfully completed the acquisition of carrier commercial refrigeration business, a subsidiary of carrier global corporation, on october 1, with a value of approximately us$775 million (it house note: currently approximately 5.446 billion yuan).

▲ source: haier smart home press release

according to haier’s official introduction, the company owns or has obtained authorization for commercial refrigeration technology (including carbon dioxide technology). carrier commercial refrigeration has more than 4,000 employees in more than ten major countries and regions around the world and is a global leader in commercial refrigeration solutions.

haier smart home announced in december last year that it had signed transaction documents with carrier global corporation and carolin holdings bv to acquire carrier refrigeration benelux bv, a commercial refrigeration business of carrier global, for a consideration of approximately us$640 million. ) 100% equity, corresponding to a pe multiple of 11 times in 2022. this marks the expansion of haier smart home from "home refrigeration" to "commercial refrigeration" and will create new growth points.

marcus eisenhuth, ceo of carrier commercial refrigeration, said: "joining haier brings excellent opportunities for our business and our team. our team will provide haier with a smooth transition and timely transition for the business." moved by the determination and effort in obtaining all necessary approvals, we gained a deeper understanding of haier’s unique corporate culture, rendanheyi model and how haier empowers every employee. we look forward to the synergies this partnership will bring in the future.”