Bosch completes purchase of Johnson Controls residential/light commercial HVAC business and JCI-Hitachi JV

Bosch completed its €7.4m (as stated in source) purchase of Johnson Controls' residential and light commercial HVAC business and the Johnson Controls-Hitachi Air Conditioning joint venture, a carve-out divestiture of JCI's residential HVAC operations.

“GERMANY: Bosch has announced the successful completion of the €7.4m purchase of the Johnson Controls residential and light commercial HVAC business and the Johnson Controls-Hitachi Air Conditioning joint venture.”

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