Carrier completed the acquisition of Addvolt.

Carrier, a heating, ventilation, and air conditioning, refrigeration, and fire and security equipment corporation, completed the acquisition of Addvolt, a transport electrification technology company. Financial terms were not disclosed. "By combining Addvolt's deep expertise in electric systems and power management with Carrier's industry-leading solutions, we are well-positioned to drive innovation beyond refrigerated transportation. This strategic partnership creates opportunity for new and emerging applications, while also continuing to build on the success we've already achieved together," Edward Dryden, Carrier President, Climate Solutions Transportation.