The Viessmann Group has announced plans to combine its business area ‘Viessmann Climate Solutions’ with Carrier Global Corporation. The headquarters will be based in Palm Beach Gardens, Florida, USA.
With this step, Viessmann Group’s Climate Solutions and Carrier are to be co-creating a new global champion for climate and energy solutions, a statement said. The new partnership underlines the importance of international, cross-border collaboration in the ‘fight against global climate change’, a statement has said.
Both companies are ‘fully committed’ to take more responsibility for a sustainable energy transition in the building sector, focusing on their purposes, the statement added. Viessmann Group has said that its purpose is to co-create living spaces for generations to come and Carrier’s vision is to create solutions that matter for people and our planet.
Prof. Dr. Martin Viessmann, Viessmann Group’s chair of the board of directors, said: “Strong partnerships have always been fundamental to the success of our family business in the past 106 years. And Carrier is a strong partner for our Climate Solutions business.
“By joining forces, we will be able to uplift our impact on the decarbonisation of the building sector to the next level with more reach and scale globally – for our family members and for our partners and most importantly for more climate protection.”
Max Viessmann, Viessmann Group’s CEO, added: “The world’s energy transition can only be managed successfully if companies think, act and collaborate on a global level. Building on our very positive growth momentum and a market-leading integrated solutions offering, we are combining our Climate Solutions business area with Carrier to build the next future-proof, truly global, climate champion.
“Through the combination of both companies, we are forming a fast-growing innovation leader in a highly competitive market environment – from a position of strength. This partnership lays the perfect basis to jointly capture growth opportunities and maximise our impact for generations to come.”
David L Gitlin, Carrier’s CEO, said: “Viessmann Group’s business area ‘Climate Solutions’ is an outstanding business with a superior market position, unmatched distribution channels and huge growth opportunities. Its success is based on its superb workforce which has a strong value-driven culture and its game-changing integrated solutions offering.
“Martin and Max have built Europe’s most recognised premium climate solutions brand and Carrier is fully committed to further building on that growth momentum. We are thrilled to co-create the future of the intelligent climate and energy solutions industry together.”
Viessmann Group is to continue to remain an independent family business in full ownership of the Viessmann entrepreneurial family. The Viessmann family has said they will reinvest the primary proceeds from the combination with Carrier into the Viessmann Group, but also a significant amount allocated to its philanthropic activities.