Viessmann Group Amends Carrier Global Stake Filing

TL;DR

Viessmann Group filed an update on their Carrier Global stake. No major changes detailed, but ownership is being tracked.

AI Summary

Viessmann Generations Group GmbH & Co. KG, through its group members, has filed an amendment (No. 5) to its Schedule 13D/A regarding Carrier Global Corporation. The filing indicates a change in beneficial ownership as of November 29, 2024. Maximilian Viessmann is listed as a group member.

Why It Matters

This filing updates ownership information for a significant entity in Carrier Global, potentially signaling strategic shifts or ongoing investment activities.

Risk Assessment

Risk Level: medium — Amendments to 13D filings can indicate changes in investor strategy or significant holdings, warranting close monitoring.

Key Players & Entities

• Viessmann Generations Group GmbH & Co. KG (company) — Filing entity
• Carrier Global Corporation (company) — Subject company
• Maximilian Viessmann (person) — Group member
• Viessmann Komplementar B.V. (company) — Group member
• Viessmann Traeger Holdco GmbH (company) — Group member
• Viessmann Zweite Beteiligungs B.V. (company) — Group member

FAQ

Key Financial Figures

• $0.01 — me of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securiti

Filing Documents

• dp221396_sc13da-5.htm (SC 13D/A) — 94KB
• dp221396_ex9912.htm (EX-99.12) — 55KB
• 0000950103-24-016999.txt ( ) — 150KB

Source and Amount of Funds or Other Consideration

Item 3. Source and Amount of Funds or Other Consideration.

of the Schedule 13D is hereby amended and supplemented by adding

Item 3 of the Schedule 13D is hereby amended and supplemented by adding the following paragraph at the end thereof: On November 26, 2024, Viessmann Group KG and Viessmann Holdco entered into the Contribution Agreement, pursuant to which Viessmann Group KG transferred an additional 5,860,896 shares of Common Stock to Viessmann HoldCo in the form of a contribution to the capital of Viessmann HoldCo.

: Interest in Securities of the Issuer

Item 5: Interest in Securities of the Issuer

(a)-(b) of the Schedule 13D is hereby

Item 5(a)-(b) of the Schedule 13D is hereby amended and supplemented as follows: (a)-(b) As of November 29, 2024, the Reporting Persons may be deemed to have beneficially owned an aggregate of 58,608,959 shares of Common Stock, representing approximately 6.53% of the total outstanding shares of Common Stock (such percentage is calculated based on 897,227,361 shares of Common Stock outstanding as of October 15, 2024 according to the Issuer’s quarterly report on Form 10-Q for the three and nine months ended September 30, 2024 filed with the SEC on October 25, 2024). As of November 29, 2024, Viessmann HoldCo was the record and beneficial owner of 58,608,959 shares of Common Stock. Viessmann Group KG, as the sole stockholder of Viessmann HoldCo, may be deemed to be the beneficial owner of the shares of Common Stock held by Viessmann HoldCo. In addition, each of Viessmann GP, as the sole general partner of Viessmann Group KG, Viessmann LP, as the managing limited partner of Viessmann Group KG, and Mr. Viessmann, as the director and controlling stockholder of each of Viessmann GP and Viessmann LP, may be deemed to be the beneficial owner of the shares of Common Stock held by Viessmann HoldCo.

: Contracts, Arrangements, Understandings

Item 6: Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer

of the Schedule 13D is hereby amended

Item 6 of the Schedule 13D is hereby amended and supplemented by adding the following paragraph at the end thereof: Contribution Agreement On November 26, 2024, Viessmann Group KG and Viessmann HoldCo entered into the Contribution Agreement, pursuant to which Viessmann Group KG transferred an additional 5,860,896 shares of Common Stock to Viessmann HoldCo in the form of a contribution to the capital of Viessmann HoldCo.

: Material to be Filed as Exhibits

Item 7: Material to be Filed as Exhibits

of the Schedule 13D is hereby amended

Item 7 of the Schedule 13D is hereby amended and restated in its entirety as follows: Exhibit 99.1 Joint Filing Agreement, dated as of November 13, 2024, by and among Viessmann Traeger HoldCo GmbH, Viessmann Generations Group GmbH & Co. KG, Viessmann Komplementär B.V., Viessmann Beteiligungs AG, Viessmann Zweite Beteiligungs B.V. and Maximilian Viessmann (incorporated by reference to Exhibit 99.1 to the Amendment No. 2). Exhibit 99.2 Share Purchase Agreement, dated as of April 25, 2023, by and among Carrier Global Corporation, Blitz F23-620 GmbH (subsequently renamed Johann Purchaser GmbH) and Viessmann Group GmbH & Co. KG (incorporated by reference to Exhibit 99.2 to the Original Schedule 13D). Exhibit 99.3 Post-Closing Amendment to Share Purchase Agreement, dated as of January 2, 2024, by and among Carrier Global Corporation, Johann Purchaser GmbH and Viessmann Group GmbH & Co. KG. (incorporated by reference to Exhibit 99.3 to the Original Schedule 13D). Exhibit 99.4 Investor Rights Agreement, dated as of January 2, 2024, by and among Carrier Global Corporation and Viessmann Group GmbH & Co. KG (incorporated by reference to Exhibit 99.4 to the Original Schedule 13D). Exhibit 99.5 License Agreement, dated as of January 2, 2024, by and among Carrier Global Corporation, Viessmann Group GmbH & Co. KG and Carrier Innovative Technologies GmbH (incorporated by reference to Exhibit 99.5 to the Original Schedule 13D). Exhibit 99.6 Transitional Services Agreement, dated as of January 2, 2024, by and among Carrier Global Corporation, Viessmann Climate Solutions SE and Viessmann Group GmbH & Co. KG. (incorporated by reference to Exhibit 99.6 to the Original Schedule 13D). Exhibit 99.7 Limited Power of Attorney of Maximilian Viessmann, dated as of November 13, 2024 (incorporated by reference to Exhibit 99.7 to the Amendment No. 2). Exhibit 99.8 Contribution Agreement, dated as of March 21, 2024, by and among Viessmann Group GmbH & Co. KG and Johann

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View this SC 13D/A filing on SEC EDGAR