Johnson Controls completes purchase of Air Distribution Technologies

Special to The Freeman

June 17, 2014

MILWAUKEE – Johnson Controls Inc. has completed its purchase of Air Distribution Technologies for $1.6 billion.

The Glendale-based provider of building management technology and automotive interiors and batteries said in April it reached a deal with the Canada Pension Plan Investment Board to buy the Richardson, Texas-based company, which makes air distribution and ventilation products.

Through the transaction, Johnson Controls will acquire 48 locations with over 7,000 employees that produce a broad range of brands, including Ruskin, Titus, Hart & Cooley, Krueger, PennBarry and Tuttle & Bailey.
According to a statement, the acquisition reflects Johnson Controls’ commitment to invest in its buildings business as a growth platform.

www.johnsoncontrols.com