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Slide #12. Johnson Controls — Air Distribution Technologies
Johnson Controls (NYSE:JCI)
Air Distribution Technologies
Johnson Controls (NYSE: JCI), a global multi-industrial company, today announced it has reached a definitive agreement with the Canada Pension Plan Investment Board to acquire its Air Distribution Technologies business, one of the strongest and largest independent providers of air distribution and ventilation products in North America, for approximately $1.6 billion.
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.
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