Johnson Controls International plc announced Friday its acquisition of Lysaker, Norway-based Hybrid Energy AS, a provider of high-temperature energy management solutions with a focus on heat pumps for district heating and industrial processes. Terms of the deal were not disclosed.
Johnson Controls, which is based in Ireland but has operational headquarters in Glendale, said the acquisition will allow the company to provide new, cost-effective solutions for customers that address decarbonization and sustainability efforts.
“It’s an exciting time in our industry as we come together to bring the next generation of safe, sustainable energy management technologies to market,” said Claude Allain, president, Johnson Controls HVAC/R and data centers. “Hybrid Energy is well positioned in its ability to deliver extremely high-temperature process heating while maintaining energy efficiency – and with the reach and resources of Johnson Controls, we will be able to solve the challenges of more customers. As we help reduce the energy consumption in buildings, our customers will benefit from a single, trusted source for heating solutions.”
;
