Bosch Completes $8 Billion Acquisition of Johnson Controls HVAC Business

Robert Bosch GmbH has completed the acquisition of the global residential and light commercial HVAC solutions business from Johnson Controls for $8 billion. The transaction also includes the full acquisition of the Johnson Controls-Hitachi Air Conditioning (JCH) joint venture, including Hitachi's stake.

“Robert Bosch GmbH (Bosch) has completed its acquisition of the global heating, ventilation and air conditioning (HVAC) solutions business for residential and light commercial buildings from Johnson Controls. As part of this transaction, Bosch also acquired 100 percent of the Johnson Controls-Hitachi Air Conditioning (JCH) joint venture, including Hitachi’s 40 percent stake. The purchase price for the acquired businesses is $8 billion (€7.4 billion).”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.