Johnson Controls moves closer towards diversification target

Johnson Controls (JCI) has taken another key step forward in its efforts to diversify from the automotive segment. The supplier has announced plans to buy Air Distribution Technologies for US$1.6bn from the Canada Pension Plan Investment Board, a leading pension fund manager. Subscribe to Automotive World to continue reading Sign up now and gain unlimited … Continued

Johnson Controls (JCI) has taken another key step forward in its efforts to diversify from the automotive segment. The supplier has announced plans to buy Air Distribution Technologies for US$1.6bn from the Canada Pension Plan Investment Board, a leading pension fund manager.

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