JOHNSON CONTROLS TO SELL AIR DISTRIBUTION TECHNOLOGIES BUSINESS TO TRUELINK CAPITAL

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 ...