comparemela.com

Latest Breaking News On - Viessmann group - Page 13 : comparemela.com

Billion deal for heat pump manufacturers | News at - Breaking Latest News

Billion deal for heat pump manufacturers | News at - Breaking Latest News
breakinglatest.news - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from breakinglatest.news Daily Mail and Mail on Sunday newspapers.

German company sells heat pump business to US firm Carrier

Germany’s Viessmann Group is selling its business with heat pumps, viewed as a key technology in making heating more climate-friendly, to Florida-based Carrier Global Corp. as part of a 12 billion-euro ($13.2 billion) deal. The two companies announced the sale late Tuesday. It comes as Germany is putting into place plans to phase out gas and oil heating systems as a way to curb global warming. Germany's vice chancellor says the the government will examine the deal. A senior opposition lawmaker said that the government's policies were leading to “a sell-off of the German heat pump.” Viessmann says the two the two sides agreed to rule out layoffs for three years. Its climate division has about 11,000 employees.

vimarsana © 2020. All Rights Reserved.