# Bosch acquires Johnson Controls and Hitachi commercial HVAC business for $8 billion

Bosch announced the acquisition of Johnson Controls' global HVAC solutions business for residential and light commercial buildings, including the Johnson Controls-Hitachi Air Conditioning joint venture, for US$8 billion. The deal is expected to close within 12 months.

- Type: Acquisition
- Announced: 2024-07-23
- Where: United States
- Value: $8.00B
- Status: announced
- Products: air conditioning units, heat pumps
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Johnson Controls International](https://endata.com/companies/12096.md)
- [Hitachi](https://endata.com/companies/1325.md) (partner)
- [Hitachi](https://endata.com/companies/1325.md) (target)
- [Bosch](https://endata.com/companies/1725.md) (acquirer)
- [Johnson Controls-Hitachi Air Conditioning](https://endata.com/companies/5464.md) (target)
- [Johnson Controls](https://endata.com/companies/5744.md) (partner)
- [Johnson Controls](https://endata.com/companies/5744.md) (target)

## Sources

- [racplus.com](https://www.racplus.com/news/bosch-acquires-commercial-johnson-controls-and-hitachi-hvac-business-24-07-2024/), 2024-07-24: "This is an important milestone in the systematic implementation of our strategy for 2030."
- [naturalrefrigerants.com](https://naturalrefrigerants.com/news/johnson-controls-to-sell-residential-and-light-commercial-hvac-business-to-bosch/), 2024-07-24: "We are pleased to have reached this pivotal milestone, which accelerates our transformation and positions Johnson Controls as a simpler, higher-growth company."
- [hvacinsider.com](https://hvacinsider.com/bosch-acquires-residential-and-light-commercial-hvac-business-from-johnson-controls-and-hitachi-2/), 2024-08-05: "As the biggest acquisition in Bosch history, this is an important milestone in the systematic implementation of our strategy for 2030."
- [digital.achrnews.com](https://digital.achrnews.com/articles/jci-selling-residential-hvac-for-8-1-billion), 2024-08-09: "We are pleased to have reached this pivotal milestone, which accelerates our transformation and positions Johnson Controls as a simpler, higher-growth company."

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