Johnson Controls Acquires M&M Carnot

June 21, 2023

Johnson Controls has acquired M&M Carnot, a provider of natural industrial refrigeration systems that use ultra-low global warming potential refrigerants such as CO2. The acquisition expands Johnson Controls' sustainable industrial refrigeration portfolio and strengthens its position to serve data centers, food and cold-storage, and other industrial customers with transcritical CO2 solutions and heat-pump technologies.

Targets
M&M Carnot
Industry
Manufacturing
Location
Maryland, United States
Transaction Type
Buyout

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