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Carrier acquires Addvolt to enhance electrification

PUBLIC · CARRMay 02, 2025

Acquiring Company

Carrier Global Corporation

Acquired Company

Addvolt

Palm Beach GardensPortoMobileTransportationBuilding MaterialLogisticsWholesalebuilding materialsManufacturingTransportation

Description

Carrier Global Corporation has completed the acquisition of Addvolt, S.A., a transport electrification technology company from Portugal. This acquisition strengthens Carrier's electrification strategy by incorporating Addvolt's innovative electric systems and power management expertise. The partnership aims to drive new innovations in refrigerated transportation and expand applications for their technologies.

Quick answer

Carrier Global Corporation is acquiring Addvolt, announced May 2, 2025. Carrier Global Corporation is based in Palm Beach Gardens, Florida, United States.

How much did Carrier Global Corporation pay for Addvolt?
The deal value was not disclosed.
What does Carrier Global Corporation do?
Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating solutions that matter for people and our planet for generations to come.
Where are Carrier Global Corporation and Addvolt based?
Carrier Global Corporation is based in Palm Beach Gardens, Florida, United States. Addvolt is based in Porto, Porto, Portugal.
Who are the decision-makers at Carrier Global Corporation?
Fundz holds 1 contact at Carrier Global Corporation. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Carrier Global Corporation

Location

13995 Pasteur Boulevard

Palm Beach Gardens, Florida, United States

About

Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating solutions that matter for people and our planet for generations to come. From the beginning, we've led in inventing new technologies and entirely new industries. Today, we continue to lead because we have a world-class, diverse workforce that puts the customer at the center of everything we do. For more information, visit corporate.carrier.com or follow Carrier on social media at @Carrier.

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Frequently asked

Who acquired Addvolt?

Addvolt was acquired by Carrier Global Corporation, based in Palm Beach Gardens. The deal was reported on May 2, 2025. Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating solutions that matter for people and our planet for generations to come. Carrier Global Corporation is publicly traded (CARR) and operates in Mobile.

When did Carrier Global Corporation acquire Addvolt?

Carrier Global Corporation's acquisition of Addvolt was reported on May 2, 2025. Carrier Global Corporation has completed the acquisition of Addvolt, S.A., a transport electrification technology company from Portugal. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Addvolt do?

Addvolt is a Portuguese startup specializing in innovative battery systems for heavy-duty vehicles. Founded in 2014, it focuses on electrifying and decarbonizing the cold chain logistics sector. It is privately held, operating in Manufacturing, and is based in Porto.

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