Carrier Global acquires Viessmann Climate Solutions segment
On April 26, 2023, Carrier Global Corporation, a leading global provider of intelligent climate and energy solutions announced the agreement to acquire Viessmann Climate Solutions, the largest segment of Viessmann Group, in a cash and stock transaction valued at EUR 12 billion. The transaction is subject to customary closing conditions and regulatory approvals.
Paul, Weiss, Rifkind, Wharton & Garrison LLP and Linklaters LLP act as lead legal advisors to Carrier Global and Lenz & Staehelin advises Carrier Global on Swiss law matters. The team includes Tino Gaberthüel, Simone Ehrsam, Xavier Grivel and Dominik Mann (all Corporate/M&A).