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Deal closed Jan 2023 · Lysaker, Norway / Europe Verified

Johnson Controls acquires Norway's Hybrid Energy AS for industrial heat pumps

Johnson Controls acquired Hybrid Energy AS, a Lysaker, Norway provider of high-temperature heat pump technology for district heating and industrial processes, to extend its industrial heat pump portfolio in Europe. 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

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