Deal announced Nov 2019 · Milwaukee, Wis. Verified
Johnson Controls to acquire Synchrony AMB technology arm from Siemens
Johnson Controls announced it will acquire Synchrony, the Active Magnetic Bearing technology arm of Siemens Gas and Power, to improve its centrifugal chiller products.
“Johnson Controls will be acquiring Synchrony, the Active Magnetic Bearing (AMB) technology arm of Siemens Gas and Power.”
Entities
Johnson Controls · Acquirer Siemens · Parent Synchrony · Target
HVACRefrigeration
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.