hvacrollups.com
← All signals
Divestiture Jul 2024 · United States Verified

Johnson Controls divests R&LC HVAC to become pure-play commercial building solutions provider

Following the Bosch transaction's close, Johnson Controls expects to simplify its portfolio to focus on becoming a pure-play provider of commercial building solutions.

“Following the transaction’s close, Johnson Controls expects its portfolio to be simplified to strategically focus on the company’s objective to be a pure-play provider of commercial building solutions.”

Entities

Bosch · Acquirer Johnson Controls · Target
HVAC

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.