Johnson Controls announced it will move forward with the sale of its Power Solutions business to Brookfield Business Partners L.P. This partnership will help drive the investments needed to enable Power Solutions to continue to address the industry’s fast-growing smart energy storage needs today, into tomorrow.
Read the press release for more details on this industry-shaping announcement, and check this page often for updates on our progress.
“Power Solutions has shaped the vehicle battery industry for more than 130 years delivering smart battery technologies for virtually every type of vehicle, producing one-third of the industry’s total output per year. This partnership will help drive the investments needed to enable us to continue to meet the industry’s growing needs for smart energy storage solutions today, into tomorrow.”
— Joe Walicki, vice president and president, Power Solutions
Working in partnership with our customers around the globe, we continually improve outcomes for people and our planet by delivering the world’s smartest energy storage solutions. Today, one in three vehicles, across the world, relies on our energy. Backed by more than a century of innovation, and an unmatched global footprint, we engineer, manufacture and distribute the world’s smartest portfolio of vehicle power storage technologies.
We’re creating solutions that are good for people, good for the planet and good for growth.
Brookfield Business Partners L.P. is a leading private equity business focused on acquiring and operating high-quality businesses. They invest globally and partner closely with management teams to enable business success over the long term, targeting both market leaders and businesses poised for growth through operational and other improvements.