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Deal closed Jan 2023 · Lysaker, Norway Verified

Johnson Controls acquires Hybrid Energy AS (Norway)

Johnson Controls acquired Hybrid Energy AS, a Norway-based provider of high-temperature heat-pump energy-management solutions, to extend its industrial heat-pump portfolio in district heating and industrial markets. Financial terms were not disclosed.

“announced that it acquired Hybrid Energy AS, a growing 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: hvacinsider.com

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