August 30, 2024 News. Haier Smart Home, a global leader in the home appliance industry, has made a major move in the European market. On December 14, 2023, Haier Smart Home announced that it plans to acquire Carrier's commercial refrigeration business through its wholly-owned subsidiary with approximately $640 million in cash.
This acquisition is expected to be completed in the second half of 2024. This decision will bring many positive impacts to Haier Smart Home. On one hand, it will promote Haier Smart Home to successfully expand from the household refrigeration scene to the commercial retail refrigeration and cold storage refrigeration scenes, creating new growth space for the enterprise.
Haier Smart Home has been deeply engaged in Europe for more than 20 years and has established a complete home appliance production, sales and service network on this land. The commercial refrigeration business has always been in a leading position in the European market. Through this acquisition, Haier Smart Home can fully leverage Carrier's rich resources in Europe to further accelerate its own business development.
Haier Smart Home always adheres to taking user needs as the guide and continuously exerts efforts in technological innovation and market expansion. This acquisition of Carrier's commercial refrigeration business will undoubtedly further consolidate Haier Smart Home's leading position in the global home appliance market and at the same time bring more high-quality and efficient refrigeration solutions to users in Europe and around the world. We look forward to seeing Haier Smart Home shine even more brightly in the European market after the acquisition is completed.