CORK, Ireland, July 23, 2024 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, announces the following webcast:  What: Johnson Controls Third Quarter Fiscal 2024 Earnings Conference Call When: Wednesday, July 31, 2024, at 8:30 a.m. ET How: The conference call for investors can be accessed in the following ways: Live via webcast at http://investors.johnsoncontrols.com/news-and-events/events-and-presentations Note: A slide presenta ...

Divestiture Advances Johnson Controls' Transformation into a Pure-Play Provider of Comprehensive Solutions for Commercial Buildings Transaction Valued At $8.1 Billion; JCI Consideration of $6.7 Billion Company Provides Preliminary 2024 Third Fiscal Quarter Earnings Update CORK, Ireland, July 23, 2024 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI) ("Johnson Controls" or the "Company"), the global leader in smart, healthy, safe and sustainable buildings, today announced it has reached a defini ...

PARIS, July 22, 2024 /PRNewswire/ -- As the Paris Olympics 2024 is about to get underway, millions of fans will travel to the French capital city to attend one of the world's largest sporting events. Thanks to the latest technology from Johnson Controls (NYSE: JCI), they will enjoy a more comfortable experience at some of the smartest and most energy-efficient stadiums on the continent.Chiller units at the La Chapelle power station, a chilled water production plant for the City of Paris's cooling network (C ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Johnson Controls (JCI) . This company, which is in the Zacks Security and Safety Services industry, shows potential for another earnings beat.This diversified technology and industrial company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an ave ...

Johnson Controls International plc (JCI) is benefiting from strong momentum in the Building Solutions North America and Building Solutions Europe, Middle East, Africa/Latin America (EMEA/LA) segments. Solid demand for heating, ventilation and air conditioning (“HVAC”) platform in data centers & strength in controls businesses are driving the Building Solutions North America segment. The increase in demand for HVAC platforms across Latin America and Middle East regions, and strength in industrial refrigerati ...

Johnson Controls International plc (JCI) recently entered into an agreement with Truelink Capital for the divestment of its Air Distribution Technologies business. JCI’s Air Distribution Technologies business is well known for its innovative air distribution and ventilation solutions for residential and non-residential buildings.Johnson Controls’ shares inched down 0.3% yesterday, ending the trading session at $69.10.Based in Los Angeles, Truelink Capital is a middle-market private equity company that prima ...

Core Viewpoint - Truelink Capital has announced a definitive agreement to acquire Air Distribution Technologies from Johnson Controls, with the transaction expected to close in the second half of 2024, subject to customary closing conditions [1]. Company Overview - Air Distribution Technologies employs over 4,500 people and operates in more than 25 locations globally, specializing in the design and manufacture of products for the HVAC ecosystem [2]. - The company has a portfolio of well-recognized brands, including Koch Filter, Titus, Ruskin, Krueger, PennBarry, and Tuttle & Bailey, serving a diversified customer base [2]. Management and Future Plans - Todd Golditch, Co-Founder and Managing Partner of Truelink, expressed enthusiasm about the acquisition and plans to partner with the existing management team to expand the business and enhance operational capabilities [3]. - Doug Schuster will continue to lead Air Distribution Technologies as CEO post-transaction, emphasizing the company's commitment to agility and customer-centricity [4]. Strategic Intent - Truelink Capital aims to drive commercial excellence, operational enhancements, and long-term growth through strategic initiatives and potential M&A activities [4]. - This acquisition marks Truelink's fifth since its establishment in 2022, focusing on companies in the industrials and tech-enabled services sectors [4]. Company Background - Truelink Capital is a middle-market private equity firm based in Los Angeles, dedicated to building partnerships that drive long-term value through operational strategies [5].

Transaction reinforces Johnson Controls commitment to simplifying and standardizing portfolio as a comprehensive solutions provider for commercial buildings MILWAUKEE, June 18, 2024 /PRNewswire/ -- 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 sale of our Air Distribution Tech ...

Company veteran Todd Grabowski appointed to lead new global organization focused on delivering integrated data center solutionsGrabowski to report directly to Chairman and CEO George OliverCORK, Ireland, June 5, 2024 /PRNewswire/ -- Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, today announced the creation of a dedicated Global Data Center Solutions organization, focused specifically on operationalizing Johnson Controls' global scale to provide integrated solu ...

CORK, Ireland, June 4, 2024 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI) (the "Company" or "Johnson Controls") today announced the Reference Yields for its previously announced cash tender offers (the "Tender Offers"), in the order of priority set forth in the table below, and the increase of the previously announced aggregate tender cap from $90,000,000 aggregate principal amount to $119,000,000 aggregate principal amount (as amended hereby, the "Aggregate Tender Cap") of the outstanding ...