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Manufacturing M&A image Manufacturing M&A » By The Online Investor Staff, updated Sat., Apr. 17, 1:23 PM Recent mergers and acquisitions in the Manufacturing M&A category.

Slide #11. Johnson Controls Air Distribution Technologies, Inc.

Acquirer: Johnson Controls (NYSE:JCI)
Acquiree: Air Distribution Technologies, Inc.
Details: Canada Pension Plan Investment Board (CPPIB) announced today that it has entered into a definitive agreement to sell Air Distribution Technologies, Inc. (Air Distribution) to Johnson Controls for a total consideration of approximately $1.6 billion. The sale is expected to close by the end of July 2014 and is subject to customary closing conditions and regulatory approvals.

Johnson Controls International is engaged in engineering, manufacturing and commissioning building products and systems, including heating, ventilating, air-conditioning equipment, industrial refrigeration systems, controls, security systems, fire detection systems and fire suppression solutions. Co. also provides technical services, including maintenance, repair, retrofit and replacement of equipment, energy-management consulting and data-driven services and solutions via its digital platforms and capabilities. Co.'s segments are: Building Solutions North America, Building Solutions Europe, the Middle East, Africa/Latin America, Building Solutions Asia Pacific, and Global Products.

Johnson Controls SEC Filing Email Alerts Service


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Company Name: 
Johnson Controls International plc
Stock buyback: 
JCI buyback
Website: 
www.johnsoncontrols.com
Sector: 
Consumer Goods
Number of ETFs Holding JCI: 
99
Total Market Value Held by ETFs: 
$5.09B
Total Market Capitalization: 
$44.22B
% of Market Cap. Held by ETFs: 
11.50%
 

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Buy (2.93 out of 4)
22nd percentile
(ranked lower than approx. 78% of all stocks covered)

Analysts' Target Price:
JCI Stock Forecast

Based on Zacks ABR data;
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