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The Bosch Group has made significant strides in its corporate strategy 2030 by completing its largest acquisition to date. The acquisition of the residential and light commercial heating, ventilation, and air conditioning (HVAC) business from Johnson Controls and the acquisition of the Johnson Controls-Hitachi Air Conditioning joint venture were successfully concluded on July 31, 2025 [1]. The purchase price of $8 billion (€7.4 billion) is subject to customary adjustments, marking a substantial investment in the company's growth and diversification strategy.

The acquisition has nearly doubled the Bosch Home Comfort division, increasing its size to over 25,000 associates and sales exceeding €8 billion. This move positions Bosch as one of the largest suppliers in the global market for residential and small commercial heating, ventilation, and cooling solutions. The company aims to grow significantly faster than the global HVAC market, with estimates suggesting an annual growth rate of up to five percent until 2030 [1].

The acquisition includes strategically important investments and joint venture interests in component manufacturers and sales partners, which are expected to contribute significantly to the financial results of the Home Comfort division. Bosch's expanded product and brand portfolio, now including York and Hitachi, will better exploit established sales channels and boost sales. The company anticipates initial successes as early as 2026, leveraging strong brands and a growing global production network that will increase from 17 to 33 plants and from 14 to 26 development sites [1].

The global HVAC market, valued at over €150 billion in 2024, is expected to grow significantly in the coming years, driven by increasing demand for air conditioning solutions and energy-efficient technologies. Bosch's acquisition and expansion strategy align with these market trends, positioning the company to capitalize on the growing demand for sustainable and efficient HVAC solutions [1].

The Middle East region, in particular, presents a significant opportunity for Bosch, with rising demand for energy-efficient HVAC technologies. The Bosch Home Comfort Group is intensifying its operations in the Middle East to meet this demand, leveraging the region's dynamic growth and supportive green policies [2].

The completion of the acquisition marks the beginning of the integration of the new units into the Home Comfort division, which is expected to be completed by the end of 2027. The acquisition will strengthen Bosch's regional presence, with a focus on the Americas, Asia, and Europe/Middle East/Africa regions. The new global executive board of the division, effective August 1, 2025, will oversee the integration and growth of the acquired business [1].

In summary, Bosch's strategic acquisitions and expansion in the HVAC sector demonstrate the company's commitment to growth and diversification. By positioning itself as a leading supplier in the global HVAC market, Bosch is well-equipped to capitalize on the growing demand for energy-efficient and sustainable heating, ventilation, and cooling solutions.

References:
[1] https://www.tradingview.com/news/reuters.com,2025-08-25:newsml_Zaw6nZdGK:0-pressr-bosch-wants-to-grow-significantly-faster-than-the-market-in-the-heating-ventilation-and-cooling-sectors/
[2] Bosch Home Comfort Group Strengthens Focus on Middle East HVAC Market