Johnson Controls completes HVAC sale to Bosch

Johnson Controls completes HVAC sale to Bosch

Johnson Controls finalises US$8.1?billion HVAC sale to Bosch, transforming into a pure?play commercial building technology provider.
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Johnson Controls has finalised the sale of its Residential & Light Commercial HVAC unit to Bosch for US$8.1?billion. The move accelerates the company’s shift toward commercial-building systems and digital services. […]

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Source: Pump Industry Magazine