Deal closed Jul 2005 Verified
Johnson Controls acquires Delphi battery business
Johnson Controls completed the acquisition of the Delphi battery business in July 2005, gaining a major new OE customer (GM) and first presence in Asian growth markets, especially China.
“July 2005 - Delphi battery Major new OE customer (GM) First presence in Asian growth markets, especially China Delphi footprint rationalization on schedule”
Entities
Delphi · Target Johnson Controls Inc. · Acquirer
Other Sentiment: Positive
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