Add-on acquisition Oct 2018 Verified
Johnson Controls acquires assets of Lux Products Corp.
Johnson Controls Inc. acquired the assets of Lux Products Corp., a residential thermostat and smart-home products maker, to strengthen its consumer retail channel and thermostat portfolio.
“Johnson Controls Inc. announced it has acquired the assets of Lux Products Corp., a provider of residential thermostats and smart home products.”
Entities
Johnson Controls Inc. · Acquirer Lux Products Corp. · Target
HVAC
Source: www.achrnews.com
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