Johnson Controls acquired Gordon Brothers Industries. This strategic acquisition was announced on May 24, 2023, enhancing Johnson Controls' capabilities and market presence.
The acquisition brought together Gordon Brothers Industries' well-established expertise and reputation with Johnson Controls' global leadership in smart, healthy, and sustainable buildings. This move is part of Johnson Controls' broader strategy to strengthen its portfolio and offer comprehensive solutions to its customers.
For clarity, here's a quick overview of the key parties involved:
Acquirer | Acquired Company | Announcement Date |
---|---|---|
Johnson Controls | Gordon Brothers Industries | May 24, 2023 |
This acquisition allows Johnson Controls to integrate Gordon Brothers Industries' specialized offerings, potentially expanding its services in key areas such as industrial refrigeration and HVAC solutions, further solidifying its position in the market.