Carrier Global Completes $440M Sale of Riello Business to Ariston Group

Carrier Global (CARR) completed the sale of its Riello business to Ariston Group for approximately $440 million. The proceeds will be used to fund investments in innovation and core growth areas, aligning with Carrier's strategy to focus on climate and energy solutions.

By Maham Fatima Sun, July 12, 2026 at 12:11 AM GMT+3 2 min read · Yahoo Finance ·

Carrier Global Completes $440M Sale of Riello Business to Ariston Group

Tickers: $CARR

Topics: M&A Strategic Restructuring

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