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Johnson Controls International plc is an American, Irish-domiciled multinational conglomerate headquartered in Cork, Ireland, [3] that produces fire, HVAC, and security equipment for buildings. As of mid-2019, it employed 105,000 people in around 2,000 locations across six continents. [ 4 ]
On January 25, 2016, Johnson Controls announced it would merge with Tyco, and all businesses of Tyco and Johnson Controls would be combined under Tyco International plc, to be renamed as Johnson Controls International plc. [3] The merger was completed on September 9, 2016. [4]
Johnson Controls had entered the automotive seating business in 1985 by acquiring Hoover Universal. [4] In September 2017, Adient acquired the Oak Park, Michigan -based automotive seat manufacturer Futuris from Clearlake Capital, which added 15 facilities in Asia and North America, including one facility based in Newark, California , [ 5 ] and ...
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In 2013, Johnson Controls and Brookfield Asset Management formed a similar joint venture in Australia and New Zealand. [ 6 ] In 2007, Brookfield Asset Management acquired the Multiplex , an Australian international construction contracting company [ 7 ] founded in 1962 by John Roberts , [ 8 ] which was valued at that time at approximately A$7.3 ...
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In July 2024, Johnson Controls said that it would sell its business for residential and light commercial buildings to Bosch for $6.7 billion. As part of this transaction, Bosch also intends to acquire 100 percent of the Johnson Controls-Hitachi Air Conditioning joint venture, including Hitachi’s 40 percent stake.