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Deal announced Jul 2015 Verified

CBRE announces agreement to acquire Johnson Controls' Global WorkPlace Solutions business

CBRE announced a definitive agreement to acquire the Global WorkPlace Solutions (GWS) business of Johnson Controls, Inc., expected to close later in 2015. GWS provides integrated facilities management solutions for commercial real estate occupiers.

“The acquisition of ESI follows CBRE’s announcement of a definitive agreement to acquire the Global WorkPlace Solutions (GWS) business of Johnson Controls, Inc., expected to close in the late third quarter or early fourth quarter of 2015.”

Entities

CBRE Group Inc. · Acquirer Johnson Controls, Inc. · Target
HVACOther Sentiment: Neutral
Source: www.achrnews.com

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