Johnson Controls (JCI) Inks Deal to Sell Air Distribution Unit
JCIJohnson Controls(JCI) ZACKS·2024-06-19 20:40

Johnson Controls International plc (JCI) recently entered into an agreement with Truelink Capital for the divestment of its Air Distribution Technologies business. JCI’s Air Distribution Technologies business is well known for its innovative air distribution and ventilation solutions for residential and non-residential buildings. Johnson Controls’ shares inched down 0.3% yesterday, ending the trading session at $69.10. Based in Los Angeles, Truelink Capital is a middle-market private equity company that pri ...