hvacrollups.com
← All signals
Deal closed Jan 2023 · Norway; Europe

Johnson Controls acquires Hybrid Energy AS

Johnson Controls acquired Norway-based Hybrid Energy AS, a high-temperature energy-management and industrial heat-pump provider, to enhance its industrial heat-pump portfolio. Financial terms were not disclosed.

“Johnson Controls announced that it acquired Hybrid Energy AS, a provider of high-temperature energy management solutions with a focus on heat pumps for district heating and industrial processes.”

Entities

Hybrid Energy AS · Target Johnson Controls · Acquirer
HVAC
Source: www.achrnews.com

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.