Truelink Capital today announced that it has entered into a definitive agreement to acquire Air Distribution Technologies, a market leader in the air management and filtration solutions space, from Johnson Controls. Financial terms were not disclosed. The transaction is expected to close the second half of calendar year 2024 and is subject to customary closing conditions.
Johnson Controls (NYSE: JCI), a global leader for smart, healthy and sustainable buildings, today announced it has reached a definitive agreement to sell its Air Distribution Technologies business to Truelink Capital, a middle-market private equity firm based in Los Angeles.
The board of Johnson Controls International plc ( NYSE:JCI ) has announced that it will pay a dividend on the 19th of...