Johnson Controls Acquires Hybrid Energy To Enhance Industrial Heat Pump Portfolio
Acquiring Company
Johnson Controls
Acquired Company
Energy
Description
Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, announced that it acquired Hybrid Energy AS, a growing provider of high-temperature energy management solutions with a focus on heat pumps for district heating and industrial processes. The unique technology of Hybrid Energy will provide new, cost-effective solutions to customers while addressing decarbonization and sustainability efforts in Europe and beyond.
Quick answer
Johnson Controls is acquiring Energy, announced January 13, 2023.
- How much did Johnson Controls pay for Energy?
- The deal value was not disclosed.
- What does Johnson Controls do?
- Johnson Controls is a global diversified technology and multi-industrial leader serving a wide range of customers in more than 150 countries.
Source: Fundz verified event record.
Other recent acquisitions in Construction and Building Maintenance
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Core Industrial Partners Portfolio Company Saylite Acquires Vantage Lighting (January 4, 2023)
- Daikin Acquires Williams Distributing, A Distribution Powerhouse For Hvac And Building Products (January 3, 2023)
- Masonite International Corporation Completes Acquisition Of Endura Products (January 3, 2023)
- Buildcentrix Acquires Sitetrace To Streamline Material Procurement In Construction (February 22, 2023)
- Priestly Demolition Inc. Completes Majority Acquisition Of Green City Demolition Inc. (February 14, 2023)
- Day & Zimmermann Acquires Davis-Pickering Co. Contractors, Expanding Projects And Construction Capabilities (January 25, 2023)
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Frequently asked
Who acquired Energy?
Energy was acquired by Johnson Controls. The deal was reported on January 13, 2023. Johnson Controls is a global diversified technology and multi-industrial leader serving a wide range of customers in more than 150 countries. Johnson Controls is publicly traded (JCI) and operates in Manufacturing.
When did Johnson Controls acquire Energy?
Johnson Controls's acquisition of Energy was reported on January 13, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Energy do?
Energy is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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