# 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.

- Type: Acquisition
- Announced: 2024-07-23
- Where: United States
- Value: $8.00B
- Status: announced
- Products: residential and light commercial HVAC systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Hitachi](https://endata.com/companies/1325.md) (target)
- [Robert Bosch](https://endata.com/companies/3006.md) (acquirer)
- [Johnson Controls](https://endata.com/companies/5744.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/markets/deals/johnson-controls-sell-heating-ventilation-assets-bosch-67-bln-deal-2024-07-23/), 2024-07-23: "This is the biggest acquisition in Bosch history and an important milestone in the implementation of our corporate strategy for 2030."
- [businesswire.com](https://www.businesswire.com/news/home/20240723421681/en/Bosch-Acquires-Residential-and-Light-Commercial-HVAC-Business-from-Johnson-Controls-and-Hitachi), 2024-07-23: "As the biggest acquisition in Bosch history, this is an important milestone in the systematic implementation of our strategy for 2030."

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