HVAC and Industrial Refrigerationworld trade 2024+5.3% 5Y CAGR
Sep 24, 2024ACQUISITION
Bosch to acquire Johnson Controls' residential and light commercial HVAC business
Bosch plans to acquire the global HVAC solutions business for residential and light commercial buildings from Johnson Controls, including 100% of the Johnson Controls-Hitachi Air Conditioning joint venture. The purchase price is $8 billion (€7.4 billion).
ProductsHVAC equipment for residential and light commercial buildings
“As the biggest acquisition in Bosch history, this is an important milestone in the systematic implementation of our strategy for 2030.”coolingindia.in
- 1 source
- coolingindia.inBosch Takes over Johnson Controls’ Residential, Light Commercial HVAC Business | Cooling India Monthly Business Magazine on the HVACR Business | Green HVAC industry | Heating, Ventilation, Air conditioning and Refrigeration News Magazine Updates, Articles, Publications on HVACR Business Industry | HVACR Business MagazineEditorSep 24, 2024
Summarized from public sources; check the original articles before acting on it.
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