On the Record · Carrier Global
Carrier Global acquisitions, on the record
The businesses Carrier Global bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
climate solutions business (the "VCS Business") of Viessmann Group GmbH & Co. KGWord for word“On April 25, 2023, we announced that we entered into a Share Purchase Agreement (the “Agreement”) to acquire the climate solutions business (the "VCS Business") of Viessmann Group GmbH & Co. KG (“Viessmann”), a privately-held company.” 10-K for 2023 | agreed acquisition | April 25, 2023 | — |
global security businessWord for word“On December 8, 2023, we announced entry into a definitive agreement to sell our global security business and on December 13, 2023, we announced the entry into a definitive agreement to sell our global commercial refrigeration business.” 10-K for 2023 | agreed divestiture | December 8, 2023 | — |
global commercial refrigeration businessWord for word“On December 8, 2023, we announced entry into a definitive agreement to sell our global security business and on December 13, 2023, we announced the entry into a definitive agreement to sell our global commercial refrigeration business.” 10-K for 2023 | agreed divestiture | December 13, 2023 | — |
Toshiba Carrier Corporation ("TCC")Word for word“The acquisition was completed on August 1, 2022.” 10-K for 2023 | acquisition | August 1, 2022 | — |
Kidde Fire Fighting, Inc. ("KFI")Word for word“As of May 14, 2023, we no longer controlled KFI as their activities are subject to review and oversight by the bankruptcy court.” 10-K for 2023 | divestiture | May 14, 2023 | — |
Access Solutions business ("Access Solutions") to Honeywell International Inc. ("Honeywell")Word for word“On June 2, 2024, we completed the sale of our Access Solutions business ("Access Solutions") to Honeywell International Inc. ("Honeywell") for cash proceeds of $5.0 billion.” 10-K for 2024 | divestiture | June 2, 2024 | $5.0 billion |
Industrial Fire business ("Industrial Fire")Word for word“On July 1, 2024, we completed the sale of our Industrial Fire business ("Industrial Fire") for cash proceeds of $1.4 billion.” 10-K for 2024 | divestiture | July 1, 2024 | $1.4 billion |
Commercial Refrigeration business ("CCR")Word for word“On October 1, 2024, we completed the sale of our Commercial Refrigeration business ("CCR") for cash proceeds of $679 million.” 10-K for 2024 | divestiture | October 1, 2024 | $679 million |
Commercial and Residential Fire business ("CRF Business")Word for word“On December 2, 2024, we completed the sale of our Commercial and Residential Fire business ("CRF Business") for cash proceeds of $2.9 billion.” 10-K for 2024 | divestiture | December 2, 2024 | $2.9 billion |
Access SolutionsWord for word“On June 2, 2024, we completed the divestiture of Access Solutions for cash proceeds of $5.0 billion.” 10-K for 2025 | divestiture | June 2, 2024 | $5.0 billion |
Industrial FireWord for word“On July 1, 2024, we completed the divestiture of Industrial Fire for cash proceeds of $1.4 billion.” 10-K for 2025 | divestiture | July 1, 2024 | $1.4 billion |
CCRWord for word“On October 1, 2024, we completed the divestiture of CCR for cash proceeds of $679 million.” 10-K for 2025 | divestiture | October 1, 2024 | $679 million |
CRF BusinessWord for word“On December 2, 2024, we completed the divestiture of the CRF Business for cash proceeds of $2.9 billion.” 10-K for 2025 | divestiture | December 2, 2024 | $2.9 billion |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2018-12-31 | $310 million | $1 billion | — |
| 2019-12-31 | $0 | — | — |
| 2020-12-31 | $0 | $0 | — |
| 2021-12-31 | $366 million | $0 | $320 million |
| 2022-12-31 | $506 million | $2.9 billion | $905 million |
| 2023-12-31 | $84 million | $54 million | — |
| 2024-12-31 | $10.89 billion | $634 million | — |
| 2025-12-31 | $107 million | $27 million | — |
Deal filings since 2016
- 2024-12-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-11-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-10-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-05-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-01-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-01-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2023-12-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-11-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-05-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-04-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-07-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-12-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-06-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-06-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-04-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Carrier Global’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-05. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.