# Johnson Controls acquires M&M Carnot to enter CO2 refrigeration market

Johnson Controls International announced the acquisition of M&M Carnot, a North American provider of CO2 and low-charge ammonia refrigeration systems, to enter the industrial and commercial CO2 refrigeration market in North America.

- Type: Acquisition
- Announced: 2023-06-21
- Where: Annapolis, Maryland, United States
- Status: announced
- Products: CO2 refrigeration systems, low-charge ammonia refrigeration
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [M&M Carnot](https://endata.com/companies/9214.md) (target)
- [Johnson Controls International](https://endata.com/companies/12096.md) (acquirer)

## Sources

- [naturalrefrigerants.com](https://naturalrefrigerants.com/news/johnson-controls-acquires-mm-carnot-to-enter-co2-refrigeration-market/), 2023-06-22: "Johnson Controls International (JCI), a major supplier of ammonia (R717)-based industrial refrigeration equipment, yesterday announced the acquisition of M&M Carnot."
- [naturalrefrigerants.com](https://naturalrefrigerants.com/news/in-wake-of-acquisition-mm-carnot-learning-how-to-leverage-johnson-controls-assets/), 2023-06-30: "Following the acquisition of U.S. OEM M&M Carnot by Ireland-based Johnson Controls International (JCI) on June 21"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.