Bosch Buys HVAC businesses from Johnson Controls, Hitachi

Photo Courtesy of and Copyright the Bosch Group – July 2024 all rights reserved

Ken Zino of AutoInformed.com on Bosch Buys HVAC businesses from Johnson Controls, Hitachi

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The businesses Bosch wants to buy had sales revenue totaling ~€4 billion in 2023, employing ~12,000 people worldwide. The transaction includes 16 manufacturing sites and 12 engineering locations in more than 30 countries. The product portfolio covers vast HVAC products for residential and light commercial buildings. This includes brands such as York and Coleman in the U.S. and Hitachi in Asia, for which Bosch will be granted a long-term license.

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