- Johnson Controls ( NYSE: JCI ) has acquired Hybrid Energy AS, a growing provider of high-temperature energy management solutions with a focus on heat pumps for district heating and industrial processes, for an undisclosed sum.
- The move will enable Johnson Controls to provide high-temperature heat pumps in rapidly growing district heating and industrial markets, especially in Europe.
- The patented technology can achieve temperatures greater than 100 degrees Celsius using ultra-low-GWP natural refrigerants.
- The expansion of temperature range offering extends the company's growing industrial heat pump portfolio.
For further details see:
Johnson Controls acquires Hybrid Energy