Bosch receives CCI approval for $8B Johnson Controls HVAC acquisition

The Competition Commission of India granted approval for Bosch Group's proposed $8 billion acquisition of sole control over Johnson Controls International's residential and light commercial HVAC business, including the Johnson Controls-Hitachi Air Conditioning joint venture.

“The Competition Commission of India (CCI) has granted approval through the automatic route for Bosch Group's proposed $8 billion acquisition of sole control over Johnson Controls International's (JCI) residential and light commercial heating, ventilation, and air-conditioning (HVAC) business.”thehindubusinessline.com

• 2 sources
• thehindubusinessline.comBosch gets CCI nod for $8 Bn Johnson controls HVAC business - The HinduBusinessLineKR SrivatsFeb 12, 2025
• manufacturingtodayindia.comBosch’s $8 billion acquisition to reshape HVAC marketStaff WriterFeb 14, 2025

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