Carrier Agrees to Acquire Guangdong Giwee Group, a China-based HVAC Manufacturer

Carrier today announced that it has signed agreements to acquire Guangdong Giwee Group (Giwee Group) and its subsidiaries, including Guangdong Chigo Heating & Ventilation Equipment Co., Ltd. Giwee Group's proven strength in the VRF and light commercial market in China will expand Carrier's access to this growing, global market.