Bosch to acquire Johnson Controls and Hitachi residential HVAC business for $8 billion

Robert Bosch has agreed to acquire Johnson Controls' and Hitachi's residential and light commercial HVAC businesses for $8 billion, in what will be the German engineering group's largest takeover to date.

“This is the biggest acquisition in Bosch history and an important milestone in the implementation of our corporate strategy for 2030.”reuters.com

• 2 sources
• reuters.comBosch to buy Johnson Controls air-conditioning assets in $8 billion deal | ReutersLudwig Burger, Shivani TannaJul 23, 2024
• businesswire.comBosch Acquires Residential and Light Commercial HVAC Business from Johnson Controls and HitachiJul 23, 2024

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