Johnson Controls buys out Indian JV partner

  • 06-Jun-2013 09:21 EDT

Johnson Controls has acquired full ownership of Tata Johnson Controls, the now defunct 50-50 joint venture with Tata Automotive Components that supplied automotive seat systems and components in India to most major OEMs. Both parties agreed not to disclose the purchase price. Eleven locations, including an engineering center in Pune, and approximately 2100 employees are associated with the transaction. In its announcement about the transaction, Johnson Controls added that in addition to continuing to develop its engineering expertise at a new technical center in Pimpri, it plans to expand prototype and testing capability for the India region.

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