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