Carrier Announces Agreement to Sell Riello to Ariston Group
Carrier Global Corporation (CARR)
Company Research
Source: PR Newswire
PALM BEACH GARDENS, Fla., Dec. 16, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced that it has entered into a definitive agreement to sell its Riello business to Ariston Group."After completing a comprehensive and competitive bidding process, we determined that Ariston Group is the right owner to guide Riello's next phase of growth," said Carrier Chairman & CEO David Gitlin. "Riello has a proud legacy and talented teams, and this agreement reflects our disciplined portfolio management as we continue sharpening our focus on differentiated climate and energy solutions. I am deeply appreciative of our teams' exceptional work throughout this process." "We are honored to welcome Riello into our organization," said Paolo Merloni, Executive Chairman of Ariston Group. "Riello's respected brands, technical expertise and strong positions in its core markets make it highly complementary to Ariston Group. We
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News
- Carrier Announces Agreement to Sell Riello to Ariston GroupPR Newswire
- Carrier Announces Agreement to Sell Riello to Ariston Group [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Carrier Announces Agreement to Sell Riello to Ariston GroupPR Newswire
- Carrier Global (NYSE:CARR) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $72.00 to $68.00. They now have a "buy" rating on the stock.MarketBeat
- Carrier Global Corporation (CARR) Struggling Under Multiple Downward Target Price Adjustments [Yahoo! Finance]Yahoo! Finance
CARR
Earnings
- 10/28/25 - Beat
CARR
Sec Filings
- 11/25/25 - Form 4
- 10/28/25 - Form 10-Q
- 10/28/25 - Form 8-K
- CARR's page on the SEC website