M & M Carnot, a Source Capital LLC platform company and leader in industrial and commercial refrigeration equipment and controls, has acquired Logix, a Seattle-area industrial controls manufacturer.
The transaction merges complementary strengths to create an unparalleled controls provider with unique capabilities to serve the industrial refrigeration market with leading-edge technological solutions.
Logix has been serving the industrial refrigeration market with innovative controls providing solutions for wineries, cold storage warehouses, distribution centers, and processing plants focusing on safety, efficiency, and sustainability. Logix continues to drive innovation with a newly developed CO2 system controller and an upgrade of the Axiom III processor with modern connectivity capability to meet customer demands for AI computing and IoT integration.
“We are excited to welcome Logix to the M&M Carnot family, said Dave Sholtis, CEO of M&M Carnot. Logix is a high-quality brand with leading-edge technology and outstanding customer focus. We will support their growth and development efforts, concentrating on natural refrigeration solutions. The acquisition will also provide M&M Carnot with a physical West Coast location to better serve customers in this region.”
Logix will continue to operate under the Logix brand with the level of customer focus and technical expertise that customers have come to expect.
About M&M Carnot
M&M Carnot, founded in 1960, owned by Source Capital LLC, is a pioneer and manufacturer of natural refrigerant-based [ammonia and carbon dioxide] products, packages, systems, and controls. Our commercial and industrial refrigeration applications include refrigerated warehouses, food processing, wineries, dairies, arenas, pharma, data centers, and supermarkets. M & M Carnot headquarters is in Annapolis, Maryland with manufacturing locations in Maryland, Florida and Quebec.