HVAC Europe News

Johnson Controls to Sell Residential and Light Commercial HVAC Businesses

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CORK, Ireland, July 23, 2024  Johnson Controls International plc (NYSE: JCI) (“Johnson Controls” or the “Company”), the global leader in smart, healthy, safe and sustainable buildings, today announced it has reached a definitive agreement to sell its Residential and Light Commercial (R&LC) HVAC business in an all-cash transaction to the Bosch Group (“Bosch”).  The transaction includes … Read more

LG Forms a Global R&D Triangle to Create High-Performance Heat Pumps for Extreme Cold Conditions

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SEOUL, June 20, 2024  LG Electronics (LG) is establishing a global R&D triangle connecting North America, Europe and Asia to lead the global heat pump market and secure next-generation heat pumps specifically designed for cold climate zones. The company aims to develop regionally specialized core technologies optimized for the cold climate of Northern Europe through … Read more