Johnson Controls Acquires Lux Products Corporation
October 2, 2018
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.
- Buyers
- Johnson Controls
- Targets
- Lux Products Corporation
- Sellers
- Lux Products Corporation
- Industry
- HVAC & Mechanical
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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