5437-1078 Bosch plans to integrate the acquired businesses into the Comfort Technologies division. In 2023, the 14,600 employee
s of Bosch’s Comfort Technology division generated sales of approximately 5 billion euros. Comfort Technologies
performs well in the key market segments of heat pump heating and hybrid heat pump solutions, including heat pu
mps and fossil energy. Following the acquisition, the new Comfort Technologies division will have more than 26,000
employees and will benefit significantly from economies of scale and a complementary portfolio of heating and coolin
g products. Jan Brockmann, Global President of Bosch Comfort Technologies, said: “We have a successful heating tec
hnology, a strong team and a solid foundation in the Europe5437-1078 an market. Based on the growing demand for air conditionin
g solutions, now is the right time to go global.” Bosch expects a growth rate of more than 50 percent in the United States a
nd a strong growth of around 30 percent in Europe by 2030. “We will further develop our established brands and look forw
ard to exploring the future of the Bosch Comfort Technology business with our new colleagues and their innovative ideas.” Brockmann added.
The Johnson Controls HVAC business, which Bosch plans to acquire, has a deep presence in the U.S. and Asian markets.
In the US market, Johnson Controls’ product portfolio focuses on air duct solutions, where air is transmitted through the main
engine through the duct to heat or cool all rooms. In Asia, it mainly sells ductless solutions, where indoor units in each room c
an be heated or cooled individually, as well as modern air cond5437-1078 itioning systems with multi-connected (VRF) systems. The tec
hnology is used in a wide range of applications, from light commercial premises to large commercial projects such as hotel
s and hospitals. In addition, high-efficiency air source heat pumps are also part of the portfolio of the acquired business. In the European market, Johnson Controls offers all of the above products.
