Carrier Global Sells Commercial and Residential Fire Business

Defining Step in Planned Business Exits

Carrier Global Corporation (NYSE: CARR), a global leader in intelligent climate and energy solutions, announced today that it has entered into a definitive agreement to sell its Commercial and Residential Fire business to an affiliate of Lone Star.

Sale Marks Defining Step in Planned Business Exits

The sale of the Commercial and Residential Fire business is a significant step in Carrier Global's planned business exits, which are critical to the company's overall strategy.