World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom


Keep up-to-date with the latest new products and technology


General articles, applications and industry analysis

Johnson Controls to sell HVAC businesses?

IRELAND: Johnson Controls is rumoured to be exploring the sale of its HVAC businesses, which could include York International, Air Distribution Technologies and its stake in its Hitachi joint venture.

According to Bloomberg, the Irish-domiciled American multinational conglomerate is working with advisors to gauge interest in the businesses which could be worth around $5bn.

The sale would allow Johnson Controls to concentrate on its OpenBlue suite of connected AI smart building solutions and services.

Johnson Controls acquired York International in 2005 for $3.2bn. At the time York was recognised as the world’s largest independent manufacturer of air conditioning, heating, and refrigeration equipment.

Johnson Controls has a 60% stake in the Johnson Controls Hitachi air conditioning JV which was set up in 2015.

Texas-based Air Distribution Technologies – a manufacturer of a wide range of products including grilles, registers, diffusers, terminal units, fire and smoke dampers and fans – was acquired for $1.6bn in 2015.

Johnson Controls has so far not commented on the rumours.

Related stories:

Johnson/Hitachi ac deal signed22 January 2015
USA and JAPAN: Johnson Controls has finally signed the deal which sees it taking a 60% stake in Hitachi’s air conditioning business. Read more…

Johnson Controls buys air distribution firm17 April 2014
USA: Johnson Controls is to acquire Air Distribution Technologies, the Texas-based manufacturer of air distribution products, for $1.6bn. Read more…

Latest News

14th June 2024

Daikin polyvalent unit on R513A

BELGIUM: Daikin Europe is launching the new polyvalent cooling and heating unit for industrial and commercial applications. 
14th June 2024

EC seeks feedback on F-gas portal amendments

EUROPE: The European Commission is now seeking feedback on the amendments to the rules on registration for the F-gas portal as laid down in the new F-gas regulation.
14th June 2024

Amy Gittoes joins Climalife

UK: Amy Gittoes, the former commercial manager of the now defunct Hereford-based refrigeration company Arctic Circle, has joined Climalife UK.
14th June 2024

ECHA to consider PFAS impacts this year

FINLAND: European Chemicals Agency (ECHA) evaluations of the impact of fluorinated HFC/HFO refrigerants under proposed new European PFAS restrictions are expected to take place in November/December.
13th June 2024

Uzbekistan customs stop R22 equipment

UZBEKISTAN: Customs officers in the Uzbekistan capital Tashkent have stopped the importation of process chilling equipment running on banned ozone-depleting refrigerant R22.
13th June 2024

Varying refrigerant blends boosts HP flexibility

SWITZERLAND: Researchers have found that varying the composition of refrigerant mixtures can enable heat pumps to generate different temperatures from different heat sources, while increasing efficiency by up to 25%.