Guangdong Chigo Heating & Ventilation Equipment Co., Ltd. News

Carrier Corporation (Carrier) has announced that it has signed agreements to acquire Guangdong Giwee Group (Giwee Group) and its subsidiaries, including Guangdong Chigo Heating & Ventilation Equipment Co., Ltd. (GCHV Global). Giwee Group's proven strength in the VRF and light commercial market in China will expand Carrier's access to this growing, global market. Giwee Group acquisition The global market for VRF and light commercial HVAC equipment is expected to reach approximately US$ 20 b...