# Brookfield and CDPQ to acquire Johnson Controls Power Solutions for $13.2B

Brookfield Business Partners and CDPQ agreed to acquire 100% of Johnson Controls' Power Solutions business, a global leader in automotive lead-acid batteries, for approximately $13.2 billion.

- Type: Acquisition
- Announced: 2018-11-13
- Where: Ireland
- Value: $13.2B
- Status: announced
- Products: automotive lead-acid batteries
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Caisse de dépôt et placement du Québec](https://endata.com/companies/322.md) (acquirer)
- [Brookfield Business Partners](https://endata.com/companies/2649.md) (acquirer)
- [Johnson Controls](https://endata.com/companies/5744.md) (target)

## Sources

- [bbu.brookfield.com](https://bbu.brookfield.com/press-releases/brookfield-business-partners-partnership-cdpq-acquire-power-solutions-business), 2018-11-13: "We are excited to grow our business with the acquisition of Power Solutions, a global market leader which generates consistent cash flows and profitability."

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