2024-06-28 18:25:44 ET
Summary
- Carrier Global has transformed into a pure-play leader in intelligent climate and energy solutions through acquisitions and divestments.
- The Viessman Climate Solutions acquisition boosts Carrier's European market share in the rapidly growing heat pump market, projecting 20% CAGR through 2030.
- Despite underperforming peers, Carrier's business transformation and industry tailwinds position it for potential catch-up trade and long-term growth.
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Carrier's Business Transformation Adds Value