---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-23-001205"
form_type: "8-K"
ticker: "CARR"
cik: "0001783180"
company_name: "CARRIER GLOBAL Corp"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T13:26:20.448565+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Carrier to acquire Viessmann Climate Solutions for EUR 12B in cash and stock

## Summary
- Base purchase price EUR 12B: EUR 9.6B cash + 58.6M Carrier shares (antidilution protected).
- Closing expected around end of 2023; subject to regulatory clearances, audited financials, and other conditions.
- Carrier obtained bridge loan commitment up to EUR 8.2B from JPMorgan and BofA to finance cash portion.
- Viessmann gets right to nominate one Carrier board member for 10 years if it holds at least 50% of share consideration.
- Seller grants exclusive worldwide license for 'Viessmann' trademarks for 40 years (renewable) with royalties.

## SEC filing metadata
- accession: 0000950142-23-001205
- form_type: 8-K
- ticker: CARR
- cik: 0001783180
- company_name: CARRIER GLOBAL Corp
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1783180/000095014223001205/0000950142-23-001205-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1783180/000095014223001205/eh230352031_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-23-001205
- JSON: https://secwatch.observer/filing/0000950142-23-001205.json
- Plain text: https://secwatch.observer/filing/0000950142-23-001205.txt

## Key facts
- Material Agreements
  CARRIER GLOBAL Corp entered into Share Purchase Agreement with Viessmann Group GmbH & Co. KG valued at EUR 12 billion (EUR 9.6 billion in cash and 58,608,959 shares of Carrier Common Stock) (effective 2023-04-25).
  - Action: entry
  - Agreement: merger
  - Counterparty: Viessmann Group GmbH & Co. KG
  - Value: EUR 12 billion (EUR 9.6 billion in cash and 58,608,959 shares of Carrier Common Stock)
  - Effective: 2023-04-25
  source text: On April 25, 2023, Carrier Global Corporation (“ Carrier ”) and Blitz F23-620 GmbH (to be renamed Johann Purchaser GmbH) (“ Purchaser ”), a wholly owned subsidiary of Carrier, entered into a Share Purchase Agreement (the “ Purchase Agreement ”) with Viessmann Group GmbH & Co. KG (“ Seller ”). Pursuant to the Purchase Agreement, on the terms and subject to the conditions therein, Seller has agreed to sell, and Purchaser has agreed to acquire (the “ Acquisition ”), Seller’s climate solutions business (the “ Business ”), through the acquisition of Viessmann Climate Solutions SE (the “ Company ”). The Purchase Agreement includes a locked box mechanism, pursuant to which the purchase price of EUR 12 billion (the “ Base Purchase Price ”) has been fixed upfront by reference to the balance sheet position of the Company as of December 31, 2022, 24.00 hours (CET) (the “ Effective Date ”). The Base Purchase Price consists of (i) EUR 9.6 billion in cash (the “ Cash Consideration ”) (which Cash Con
  evidence_url: https://www.sec.gov/Archives/edgar/data/1783180/000095014223001205/0000950142-23-001205-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.