Viessmann sells its climate solutions division to Carrier Global for a revolution in the heat pump industry

A major upheaval in the heating and air conditioning sector

The announcement of the sale of the Climate division of the German heating manufacturer Viessmann to the American group Carrier Global 12 billion has caused a real earthquake in the industry. The deal also includes the lucrative heat pump business, a fast-growing segment highly coveted by international companies.

Concerns about the future of the German heating industry

The news has raised concerns about the winding up of the German heating industry, as well as the possible migration of production to other countries. Indeed, several nations have long courted this promising sector with large sums of money, including the United States. President Joe Biden has just announced his intention to give a massive boost to heat pump production on American soil.

Carrier becomes a major player in air conditioning and heating

12 billion acquisition positions Carrier as a major player in the air conditioning and heating sector. The transaction, consisting of cash and shares, allows the Viessmann family to receive Carrier shares directly, which they are committed to holding for the long term.

A step towards creating a global champion for smart climate and energy solutions

The aim of the deal is to create a truly global champion for smart climate and energy solutions. Faced with increasingly threatening competition from Asia, the alliance between Viessmann and Carrier represents a major turning point for the industry and could strengthen the position of both companies on the international market.

The advantages of heat pumps in the current context

Heat pumps are heating and cooling systems that have several advantages over traditional methods:

  • Energy efficiency: Heat pumps use less energy to produce the same amount of heat or cooling as conventional units, resulting in savings on energy bills.
  • Respect for the environment: These devices do not emit greenhouse gases and generally operate with refrigerants that have a low global warming potential.
  • Flexibility: Heat pumps can be used to heat or cool a home depending on the needs of the occupants and the weather conditions.

The growing demand for sustainable heating and cooling solutions

With the fight against climate change becoming a top priority for many countries, the demand for environmentally friendly and efficient heating and cooling solutions is growing. This trend is one of the reasons for the growing interest of companies and investors in the heat pump industry.

The acquisition of Viessmann's air conditioning division by Carrier Global is a major step in the consolidation of the heat pump industry and represents an opportunity for both companies to position themselves as world leaders in this rapidly growing field.

However, this transaction raises concerns about the future of the German heating industry and the consequences this could have on local production and employment. Only time will tell what the real impact of this transaction will be on the economy and environment of the regions concerned.