Chubb
Portfolio Transformation at Carrier with Acquisition of Viessmann & Exit of Fire & Security Businesses
April 26th, 2023Carrier HVAC and Fire & Security 2022 Business Examined
February 27th, 2023
Mapping the Strategic Direction of Carrier in the Smart Buildings Space
This Research Note examines the emerging strategic priorities of Carrier Global Corporation in the smart commercial buildings space. We have mapped M&A, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the business, by categorizing the various business relationships by technology and investment type over a 3-year period. This article is intended as a non-exhaustive indicator of […]
Carrier Building Automation and Fire & Security Businesses Examined
Carrier Global Corporation, established as an independent public company, following its spinoff from United Technologies Corp. in April 2020, is one of the top three global HVAC equipment manufacturers. In this Research Note, we examine two of its adjacent business areas – the Fire & Security and Building Automation businesses, based on Carrier’s 2021 10K Report, […]
Robust Market for Smart Buildings M&A in 2021
A record number of acquisitions (286) in the smart buildings space in 2021 accounted for a 31% increase on 218 deals in 2020 and a 10% increase on the previous record of 259 transactions in 2019. There was a robust market for mergers and acquisitions (M&A) among both security product manufacturers and systems integrators last year, […]