Johnson Controls Divests Global Workplace Solutions (GWS)

Johnson Controls is divesting its Global Workplace Solutions (GWS) business, stating it is not the 'best owner' as GWS is exclusively service-based and not core to its manufacturing, engineering, and product-based portfolio. The process is on track with completion expected in fiscal 2015.

“Divestiture of GWS Divestiture is consistent with multi-industrial portfolio strategies  JCI not the “best owner” of the business  GWS is exclusively service-based  Not core to the JCI manufacturing, engineering and product-based portfolio Process on track; completion expected in fiscal 2015”

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