# Samsung Electronics reportedly bids $6 billion for Johnson Controls HVAC division

Samsung Electronics is reportedly competing to acquire the heating and ventilation division of Johnson Controls for $6 billion, according to Reuters. Other bidders include Robert Bosch and Lennox International.

- Type: Acquisition
- Announced: 2024-03-29
- Value: $6.00B
- Status: rumored
- Products: heating and ventilation equipment, HVAC equipment
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Samsung Electronics](https://endata.com/companies/647.md) (acquirer)
- [Johnson Controls](https://endata.com/companies/5744.md) (target)

## Sources

- [ca.nda.news](https://ca.nda.news/heating-ventilation-and-a-st_147576/news/samsung-reportedly-trying-to-buy-hvac-division-of-johnson-controls-for-6-billion-sn_5657446/), 2024-03-29: "Samsung Electronics is vying to acquire the heating and ventilation division of Johnson Controls for $6 billion."

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