Tag Archives: Johnson Controls

Bosch Group plots £6 billion acquisition of Johnson Controls-Hitachi Air Conditioning joint-venture

Bosch acquires residential and light commercial HVAC business

The Bosch Group has laid the foundations to acquire 100% of the Johnson Controls-Hitachi Air Conditioning joint venture, including Hitachi’s 40% stake; the deal is $8 billion (£6.2 billion) and it expects it to be closed in approximately 12 months. The Bosch shareholders and supervisory board have approved the transaction. …

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