Johnson Controls Acquires Air Distribution Technologies (ADT)

Johnson Controls completed the acquisition of Air Distribution Technologies, Inc. (ADT) in the third quarter of 2014. The acquisition was funded by a $1.7 billion bond offering and is expected to double JCI's exposure in the residential light commercial market.

“Acquisition of Air Distribution Technologies, Inc. (ADT) ─ Completed $1.7 billion bond offering to fund ADT acquisition”

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