Bosch completes $8B acquisition of Johnson Controls HVAC business and JCI-Hitachi JV

Bosch Group completed the largest acquisition in its history, buying the residential and light commercial HVAC business from Johnson Controls and the Johnson Controls-Hitachi Air Conditioning joint venture (including the York brand) for $8 billion, closing July 31.

“The acquisition of the residential and light commercial heating, ventilation, and air conditioning (HVAC) business from [Johnson Controls](https://www.johnsoncontrols.com/) and the acquisition of the Johnson Controls-Hitachi Air Conditioning joint venture were completed as scheduled on July 31. The purchase price is $8 billion.”

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