Commission clears acquisition of Carrier Refrigeration by Haier

Credits: Haier

The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Carrier Refrigeration Benelux B.V. (‘Carrier Refrigeration’) by Haier Europe Appliances Holding B.V. (‘Haier’), both of the Netherlands.

The transaction relates primarily to the manufacturing and supply of commercial and industrial refrigeration solutions.

The Commission concluded that the notified transaction would not raise competition concerns, given the companies’ limited combined market position resulting from the proposed transaction. The notified transaction was examined under the simplified merger review procedure.

More information is available on the Commission’s competition website, in the public case register under the case number M.11432.