M&A Deal Summary

Johnson Controls Acquires Hybrid Energy

On January 13, 2023, Johnson Controls acquired semiconductors company Hybrid Energy

Acquisition Highlights
  • This is Johnson Controls’ 1st transaction in the Semiconductors sector.
  • This is Johnson Controls’ 1st transaction in Norway.

M&A Deal Summary

Date 2023-01-13
Target Hybrid Energy
Sector Semiconductors
Buyer(s) Johnson Controls
Deal Type Add-on Acquisition

Target

Hybrid Energy

Lysaker, Norway
website
Hybrid Energy is a provider of high-temperature energy management solutions with a focus on heat pumps for district heating and industrial processes. Hybrid Energy is based in Lysaker, Norway.

Search 192,723 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Johnson Controls

Cork, Ireland

website


Category Company
Founded 1885
Sector Diversified
Employees102,000
Revenue 25.3B USD (2022)
DESCRIPTION
Johnson Controls' operational headquarters in Milwaukee, Wisconsin.
Johnson Controls' operational headquarters in Milwaukee, Wisconsin.

Johnson Controls is a diversified technology and industrial company. The Company creates products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and seating and interior systems for automobiles. Johnson Controls was founded in 1885 and is based in Cork, Ireland.


DEAL STATS #
Overall 30 of 32
Sector (Semiconductors) 1 of 1
Type (Add-on Acquisition) 25 of 27
Country (Norway) 1 of 1
Year (2023) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-05 RescueAir Systems

San Carlos, California, United States

RescueAir Systems is a provider of firefighter air replenishment systems (FARS) that enable firefighters to refill breathing air bottles within a building during responses. RescueAir Systems was formed in 1993 and is based in San Carlos, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-21 M&M Carnot

Federalsburg, Maryland, United States

M&M Carnot is a provider of industrial refrigeration equipment and control systems for cold storage, food processing, and other industrial applications. M&M designs build, manufactures and service industrial refrigeration systems around the world. M&M Carnot was founded in 1969 and is based in Federalsburg, Maryland.

Buy -