Bosch Acquires Johnson Controls' Residential and Light Commercial HVAC Business (including JCH JV)
July 23, 2024
The Bosch Group has acquired Johnson Controls' Residential and Light Commercial (R&LC) HVAC business, including the Johnson Controls–Hitachi Air Conditioning (JCH) joint venture, in an all-cash transaction valued at roughly $8.0–8.1 billion. The deal expands Bosch's Home Comfort Group—nearly doubling its HVAC sales and strengthening Bosch's presence in the U.S. and Asia—while Johnson Controls will return a portion of proceeds to shareholders.
- Targets
- Residential and Light Commercial (R&LC) HVAC business (including Johnson Controls–Hitachi Air Conditioning joint venture)
- Sellers
- Johnson Controls International plc, Hitachi, Ltd.
- Industry
- Building Products
- Location
- Ireland
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Mitsubishi Electric Hydronics & IT Cooling Systems Acquires APAC and COMPAC HVAC Service Groups in the Netherlands
July 17, 2026
IT Services
Mitsubishi Electric announced that its wholly owned subsidiary, Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A., acquired all shares of the APAC group and the COMPAC group. Both groups are headquartered in Utrecht Province, Netherlands, and provide HVAC sales, installation, and maintenance services—particularly for data center cooling.
-
Lennox International Acquires Heat Controller
June 18, 2026
Industrial Services
Lennox International has signed a definitive agreement to acquire Heat Controller, an HVAC equipment supplier that serves distributors across North America through the Comfort-Aire and Century brands. The acquisition is expected to expand Lennox’s ability to serve small and mid-size HVAC distributors and broaden access to differentiated equipment offerings, with closing expected later in 2026 subject to customary conditions and regulatory approvals.
-
Climatec (a Bosch company) Acquires Engineered Control Solutions, Inc.
August 6, 2024
HVAC & Mechanical
Climatec, LLC (a Bosch company) has acquired the business of Engineered Control Solutions (ECS), a building automation solutions provider with offices in North and South Carolina. The acquisition (terms undisclosed) strengthens Climatec's Southeast US operations and expands its building automation capabilities across education, government, healthcare, and commercial building markets.
-
Air Control Concepts Acquires Five HVAC Manufacturer Representative Firms
July 23, 2024
Building Products
Air Control Concepts (AIR) completed the acquisition of five regional HVAC manufacturer representative firms — Northrich Company, Air Components, Dorse and Company, JJP Mechanical Reps, LLC, and ThermAir Systems — expanding AIR’s geographic footprint, capabilities and manufacturer relationships across the United States. Each acquired firm will continue to operate under its existing brand while joining AIR’s network of commercial HVAC operating companies.
-
Johnson Controls Acquires Silent-Aire
April 9, 2021
Manufacturing
Johnson Controls has agreed to acquire Silent-Aire, a global provider of hyperscale data center cooling equipment and modular data center solutions, in an all-cash transaction valued at up to $870 million (approximately $630 million upfront plus earnouts). The acquisition, expected to close subject to regulatory approvals, expands Johnson Controls' capabilities and presence in the hyperscale data center vertical and is expected to be immediately accretive to adjusted EPS in fiscal 2022.
-
Johnson Controls Acquires Lux Products Corporation
October 2, 2018
HVAC & Mechanical
Johnson Controls has acquired the assets of Lux Products Corporation, a maker of residential thermostats and smart-home products, to strengthen its thermostat product and technology portfolio. The deal brings Lux's brands (including Kono and Geo) and US-based development and distribution capabilities into Johnson Controls' Building Technologies & Solutions business to accelerate product development and expand offerings in the residential channel.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.